Spurred by yet another Elon Musk tweet, the price of Bitcoin hit a 3-week high at $39,813 on Monday morning, giving a sizable boost to the overall crypto market.
The combined value of all cryptocurrencies is currently $1.67 trillion, with the tokens representing the decentralized finance (DeFi) sector being among the biggest gainers.
Aave (AAVE), the native token of the eponymous lending protocol, is up by 10% in the past day, surpassing the $319 mark earlier today. With a market cap of just above $4 billion, AAVE is currently the fourth largest DeFi asset, according to CoinGecko.
Earlier this month, it reached the number one spot in total value locked (TVL) in the entire sector.
Total Value Locked (TVL) in Aave. Source: DeFi Pulse.
According to data from DeFi Pulse, this value is as much as $13.04 billion as of today or more than 15% of the overall $60 billion locked in DeFi protocols. The runner-up Maker has $8.23 billion in TVL.
With a market cap of $11.84 billion, Uni
Źródło: https://decrypt.co/73529/defi-tokens-including-aave-uniswap-compound-ride-musk-effect
