Decentralized Finance (DeFi) Capitalization Exceeded $4 Billion
The total amount of money frozen in Decentralized Finance (DeFi) has surpassed the $4 billion psychological mark.
Maker - the undisputed leader
As of August 1, 2020, the project Maker is a leader, it accounts for almost a third of the entire industry capitalization.
Three leaders in numbers
The capitalization of Maker is $1.23 billion. The Compound took second place with a huge margin with $707.5 million, and the bronze goes to Synthetix - $506.3 million.
Recall, the Synthetix derivatives platform has moved to a decentralized management model.