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Aave and Curve Finance Join DeFi’s Billion Dollar Club

DATE POSTED:August 17, 2020

DeFi is growing exponentially, adding a billion dollars of collateral locked in a mere two days. Aave and Curve have been the most potent drivers, as each project smashed past a billion dollars in locked collateral.

DeFi’s Exponential Growth

The DeFi exuberance continues, but Aave and Curve are now leading the way.

DeFi Pulse TVL ImageSource: DeFi Pulse

After bungling its token launch, Curve Finance has grown at warp speed.

Value locked in the protocol grew from $200 million to $1.1 billion in just five days. Similarily, Aave accelerated from $500 million to $1.12 billion in a short three days.

DeFi making up for lost time. Exponential is so much fun. See you tomorrow!