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TheBlock
2021-11-25 17:04:47

Current state of DeFi in 2021: Part 1

Quick TakeThis is a section from The Block Research’s upcoming 2022 Digital Assets Outlook reportMaker was the largest lending platform by value locked and outstanding debtCurve and Uniswap v3 were the largest decentralized exchanges by value locked and volume, respectivelydYdX outpaced other derivatives protocols in volume after the introduction of its recent liquidity mining programConvex surpassed Yearn and became the largest yield optimizer by value locked

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