DeFi Jump: Lido, MakerDAO, AAVE, Curve, Convex

The crypto sector enjoyed a rare green moment on January 9 during the ongoing bear market. Regarding longer-term indicators, there are also bright spots in the form of funds flowing into top Decentralized Finance (DeFi) protocols.

According to stats from DefiLlama, the five biggest DeFi platforms all showed positive changes in Total Value Locked (TVL), over the past day, week, and month.

1. Lido

• Liquid Staking
• Ethereum, Solana, Moonbeam, Moonriver, Terra Classic
• $6.5 billion TVL
• 1-day +4.7%
• 7-day +8.9%
• 1-month +7.2%

2. MakerDAO

• CDP
• Ethereum
• $6.4 billion TVL
• 1-day +2.5%
• 7-day +3.4%
• 1-month +2.7%

3. AAVe

• Lending
• Avalanche, Optimism, Arbitrum, Fantom, Harmony
• $6.1 billion TVL
• 1-day +3.3%
• 7-day +6.3%
• 1-month +3.1%

4. Curve

• DEXes
• Ethereum, Arbitrum, Polygon, Optimism, Fantom, Avalanche, Moonbeam, Kava, Gnosis, Celo, Aurora, Harmony
• $4.3 billion TVL
• 1-day +5.2%
• 7-day +7.2%
• 1-month +3.8%

5. Convex Finance

• Yield
• Ethereum, Arbitrum
• $3.5 billion TVL
• 1-day +6.0%
• 7-day +8.2%
• 1-month +3.6%