Aave Overtakes Compound While YFI Surpasses $2,300
Competition in decentralized finance (defi) has intensified with the memes finally returning for the first time in three years (pictured).
Aave, the flashloan boys and lending dapp, has jumped to $570 million in locked assets, surpassing Compound’s $557 million.
It’s the first time ever that the second position has flipped after Compound flipped Maker for first position.
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