Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on December 20, 2021, 12:52:12 PM
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Terra has become the second-biggest smart contract platform by total value locked, according to data provided by Defi Llama.
By reaching $16.6 billion, it has now surpassed Binance Smart Chain.
Terra’s TVL has grown 19.46% over the past 24 hours, racing ahead of competitors.
TVL
Anchor, a savings protocol that allows receiving low-volatile yields by depositing the UST algorithmic stablecoin, is the most popular protocol on the Terra network with $7.14 billion worth of value locked.
Liquid staking protocol Lido and decentralized exchange Terraswap come in second and third places, respectively. Automatic market-making Astroport is also a billion-dollar protocol.
Solana and Avalanche, two other popular smart contracts platforms, are lagging behind Terra and Binance Smart Chain with $11.92b and $11.84b in TVL, respectively.
More Information (https://cryptonews.net/en/news/defi/2910993/)