{"id":181414,"date":"2021-02-18T08:37:51","date_gmt":"2021-02-18T05:37:51","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/top-3-defi-lending-protocols-exceed-20b-in-deposits\/"},"modified":"2021-02-18T08:37:51","modified_gmt":"2021-02-18T05:37:51","slug":"top-3-defi-lending-protocols-exceed-20b-in-deposits","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/top-3-defi-lending-protocols-exceed-20b-in-deposits\/","title":{"rendered":"# Top 3 DeFi lending protocols exceed $20B in deposits"},"content":{"rendered":"<p>&#8220;<strong># Top 3 DeFi lending protocols exceed $20B in deposits  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMGRiMmI4YTgtOTdlOS00MDE2LTllMTEtNmIyNjMyYmYyNGFlLmpwZWc=.jpeg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year.<\/p>\n<p>DeFi\u2019s leading three lending protocols have amassed <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximately $20 billion according to Dune Analytics. A Messari research <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/messari.io\/article\/a-closer-look-at-defi-lending-valuations?utm_source=messaricrypto&amp;utm_medium=tweet1&amp;utm_campaign=lendingvaluations\">report<\/a> into valuing these platforms suggests they\u2019re on track to generate in excess of half a billion in interest annually. <\/p>\n<p>Maker, Compound Finance, and Aave have all seen record levels of lending deposits as crypto yield farmers seek exponentially better returns than traditional banks can offer. Messari posted on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>:<\/p>\n<blockquote><p>\u201cThe top three lending platforms will generate $660m in interest per year at the time of writing,\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Lending deposits reach $20 billion across Aave, Compound, and Maker <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/NSAThXcYy8\">pic.twitter.com\/NSAThXcYy8<\/a><\/p>\n<p>\u2014 Messari (@MessariCrypto) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MessariCrypto\/status\/1362070457969704962?ref_src=twsrc%5Etfw\">February 17, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Messari researcher Mira Christanto<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/asiahodl\/status\/1362079742740992000\"> commented<\/a> that protocols extract value by both attracting capital and putting it to use, and their total value locked (TVL) reflects this.<\/p>\n<p>TVL is the current metric for measuring the performance of a DeFi protocol and it can vary depending on the calculations employed by different analytics providers.<\/p>\n<p>According to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/duneanalytics.com\/johnz\/lending-platforms\">Dune Analytics<\/a>, Maker has reached an all-time high of $6.38 billion in deposits locked as collateral. Compound Finance also has an all-time high of $8.7 billion while Aave has $6.5 billion. Between them they have a total of $21.58B.<\/p>\n<p>However, DappRadar and DeFi Pulse both suggest the combined figure for the trio of protocols is currently more like $17B.<\/p>\n<p>Meanwhile centralized finance platform Celsius Network is also performing well in terms of users and collateral lockup. According to a<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.prnewswire.com\/news-releases\/celsius-has-paid-over-250-million-in-crypto-yield-to-its-customers-301228371.html\"> Feb. 15 release<\/a>, Celsius has paid over $250 million in crypto yield to its customers, has over 415,000 users, and manages over $8 billion in crypto assets.\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/top-3-defi-lending-protocols-exceed-20b-in-deposits\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Top 3 DeFi lending protocols exceed $20B in deposits &#8221; There has been no slowdown in the amount of collateral pouring into the leading decentralized finance protocols this year. DeFi\u2019s leading three lending protocols have amassed approximately $20 billion according to Dune Analytics. A Messari research report into valuing these platforms suggests they\u2019re on&#8230;<\/p>\n","protected":false},"author":1,"featured_media":181415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDIvMGRiMmI4YTgtOTdlOS00MDE2LTllMTEtNmIyNjMyYmYyNGFlLmpwZWc=.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74868,4965],"class_list":["post-181414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-defi","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/181414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=181414"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/181414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/181415"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=181414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=181414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=181414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}