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.

Synthetix innovation

Recall, the Synthetix derivatives platform has moved to a decentralized management model.