{"id":34333,"date":"2021-01-03T15:36:47","date_gmt":"2021-01-03T13:36:47","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34333"},"modified":"2025-08-28T19:57:11","modified_gmt":"2025-08-28T16:57:11","slug":"value-of-makerdaos-locked-assets-tops-3-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/value-of-makerdaos-locked-assets-tops-3-billion\/","title":{"rendered":"Value of MakerDAO&#8217;s locked assets tops $3 billion"},"content":{"rendered":"<p>Against the backdrop of rapid <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-price-breaks-above-the-900-level\">growth of Ethereum<\/a>, the total value locked (TVL) on MakerDAO&#8217;s smart contracts reached $3.15 billion.<!--more--><\/p>\n<p>Aave and Compound round out the top three in DeFi Pulse&#8217;s ranking. Each has a TVL of $2.18 billion. The largest decentralized exchange, Uniswap, sits in fourth place.<\/p>\n<div id=\"attachment_121284\" style=\"width: 897px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-121284\" class=\"wp-image-121284 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-15.png\" alt=\"Value of assets locked in MakerDAO exceeds $3 billion.\" width=\"887\" height=\"714\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-15.png 887w, https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-15-300x241.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/DeFi-Pulse-15-768x618.png 768w\" sizes=\"auto, (max-width: 887px) 100vw, 887px\" \/><\/p>\n<p id=\"caption-attachment-121284\" class=\"wp-caption-text\">\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/www.defipulse.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">DeFi Pulse<\/a>.<\/p>\n<\/div>\n<p>MakerDAO is one of the DeFi pioneers. The project, founded in 2014\u2014a date by industry standards a long time ago\u2014enabled users to lock collateral in Ethereum to generate DAI \u2014 an algorithmic stablecoin. Over time, DAI has become one of the main components of the new financial system \u2014 the decentralized lending market.<\/p>\n<p>In 2020, the market capitalization of DAI grew more than twentyfold amid the DeFi frenzy.<\/p>\n<div id=\"attachment_121285\" style=\"width: 796px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-121285\" class=\"wp-image-121285 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/DAI-Mcap.png\" alt=\"Evolution of DAI's market capitalization since the beginning of 2020.\" width=\"786\" height=\"515\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/DAI-Mcap.png 786w, https:\/\/u1f987.com\/wp-content\/uploads\/DAI-Mcap-300x197.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/DAI-Mcap-768x503.png 768w\" sizes=\"auto, (max-width: 786px) 100vw, 786px\" \/><\/p>\n<p id=\"caption-attachment-121285\" class=\"wp-caption-text\">Evolution of DAI&#8217;s market capitalization since the beginning of 2020. Data: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dai\" target=\"_blank\" rel=\"noopener noreferrer\">CoinGecko<\/a>.<\/p>\n<\/div>\n<p>The total TVL of the DeFi sector projects has also grown roughly twentyfold since the beginning of 2020, according to <a href=\"https:\/\/debank.com\/ranking\/locked_value?chart_date=1Y&#038;invisible=2&#038;invisible=1\" target=\"_blank\" rel=\"noopener noreferrer\">DeBank<\/a>.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"mR7K3Wsc5d\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/the-defi-chronicles-of-2020-rapid-growth-challenges-and-institutional-headwinds\">DeFi Chronicles in 2020: rapid growth, problems and obstacles for institutions<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00abDeFi Chronicles in 2020: rapid growth, problems and obstacles for institutions\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/exclusive\/hroniki-defi-v-2020-godu-stremitelnyj-rost-problemy-i-pregrady-dlya-institutsionalov\/embed#?secret=TFTXGDZgoF#?secret=mR7K3Wsc5d\" data-secret=\"mR7K3Wsc5d\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against the backdrop of rapid Ethereum growth, the total value locked (TVL) on MakerDAO&#8217;s DeFi smart contracts reached $3.15 billion.<\/p>\n","protected":false},"author":1,"featured_media":34334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1099,1093,1937,1100],"class_list":["post-34333","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dai","tag-defi","tag-defi-pulse","tag-makerdao"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=34333"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34333\/revisions"}],"predecessor-version":[{"id":34335,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34333\/revisions\/34335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34334"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}