A brief data look at Open Finance lending
July 13, 2020, 6:51AM EDT · 1 min read
Quick Take
- There is currently $1.75 billion locked in 10 lending protocols, which represents a 244% YTD growth
- Compound 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 protocols
- The share of non-ETH assets locked in lending protocols has been rising sharply in recent months
There is currently $1.75 billion locked in 10 lending protocols, which represents a 244% YTD growth. Compound 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 protocols
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