The total value locked in various projects in the decentralized finance (DeFi) field exceeded $ 35 billion. At the same time, in the last 24 hours, to an all-time high for Chainlink; Aave, Maker, Synthetix, Compound, and more saw double digit increases.



DeFi also broke a record with total cryptocurrency market cap

Total cryptocurrency market cap reached an all-time high of over $ 1.170 trillion today, and DeFi coins were also part of this development.

To start with, LINK, the native cryptocurrency of the most used oracle network, registered a new ATH at just over $ 27, its all-time high. This became possible after a 9% increase on a 24 hour scale. Also, LINK has increased 120% since the beginning of the year when it was trading at $ 12.

The local token Aave, with the same name as the decentralized loan platform, has grown by 15% to $ 520 since yesterday. Also, the recently rebranded coin is 85% higher since Tuesday and almost 500% higher since the beginning of the year.

Maker and 0x show up

Synthetix and Compound increased 20% on a 24-hour scale to $ 22 and $ 533 respectively. On the weekly scale, Compound increased by 116%.

Maker and 0x led the DeFi show. MKR increased 75% in one day and 110% per week to reach an all-time high of $ 3,000. For reference only, MKR was traded at $ 560 at the beginning of 2021.

See Also
Bright outlook in DeFi market, growing 160 percent in 1 month

The price of the ZRX increased by 130% to almost $ 2. The asset has grown more than 225% in the past seven days and is closer to the January 2018 ATH of $ 2.50.

Although Uniswap’s governance token UNI has dropped slightly since yesterday, it recently reached a new price record of over $ 21.5.


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