Uniswap is the first DeFi protocol with $ 2 billion in committed assets. Uniswap is the first DeFi service to commit over $ 2 billion in leased assets.

Uniswap Becomes First DeFi Protocol with $ 2B in Fixed Assets

Uniswap, a non-custodial exchange, became the first service from the decentralized finance (DeFi) space, whose users have committed over $ 2 billion in leased assets.

According to DeFi Pulse, overall volume Uniswap's fixed assets (TVL) at the time of publication is $ 2.07 billion. Over the past day, it has grown by 3.30%, whereas the closest in the list Maker, Aave and Curve Finance decreased.



As a result, Uniswap dominance over other DeFi protocols exceeded 18.5%, and their combined TVL - $ 11 billion.



According to Uniswap's own data, the liquidity of its platform in present time is $ 2.28 billion.



The MakerDAO protocol used to issue the algorithmic stablecoin DAI is also close to breaking the $ 2 billion mark. At the time of publication, its TVL is $ 1.95 billion. Aave is in third place with a significant lag and $ 1.53 billion..

It took over two and a half years to accumulate the first billion dollars in DeFi protocols, but it took less than a year to reach the $ 10 billion mark. The observed dynamics is a consequence of interest in the so-called "profitable farming", when users earn their own project tokens by providing liquidity to their pools. Uniswap has recently joined this trend with the UNI token.

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