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TheBlock
2020-07-13 10:51:39

A brief data look at Open Finance lending

Quick TakeThere is currently $1.75 billion locked in 10 lending protocols, which represents a 244% YTD growthCompound has 40% of the total value locked, followed by Maker with 36%, Aave (11.0%), and InstaDApp (10.4%)There is about 3.3 million ETH, 2.95% of the total ETH in circulation, locked in lending protocolsThe share of non-ETH assets locked in lending protocols has been rising sharply in recent months