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Significant Growth in the DeFi Sector This Week

Aug 26, 2024
  1. LIDO Leads the DeFi Sector with the Highest TVL
  2. Rocket Pool Sees a 7.56% Boost in TVL
  3. Significant Rises and Declines Among Leading DeFi Projects

The DeFi sector has seen significant changes this week. According to data from DappRadar, key DeFi projects such as LIDO, Aave V3, EigenLayer, Maker DAO, and Rocket Pool have shown significant increases in their total value locked (TVL).

LIDO Leads the DeFi Sector with the Highest TVL

LIDO dominates the DeFi market with a total value locked (TVL) of $27.1 billion, accounting for a 5.86% growth this week. Last week, ICPSwap topped the DeFi sector based on TVL. Aave V3 has taken the second place with a TVL of nearly $10.51 billion, reflecting a large boost of 7.32% this week.

Rocket Pool Sees a 7.56% Boost in TVL

According to statistics from DappRadar, Maker DAO saw its TVL reaching $5.07 billion, marking a 5.3% spike this week. Rocket Pool secured the fifth position as its TVL increased to $3.44 billion, showing a 7.56% boost.

Significant Rises and Declines Among Leading DeFi Projects

EigenLayer secured the third position with a total value locked of $8.69 billion, reflecting a decline of 6.59% over the past seven days. Following this is Maker DAO, occupying the fourth place in the list.

The DeFi sector showed significant changes in TVL for key projects this week. LIDO, Aave V3, and Rocket Pool emerged as leaders in growth, while EigenLayer experienced a decline.

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