There is already 3.5 M Ethereum (ETH) worth $1.35 B locked on Uniswap. At the same time, the cryptocurrency platform is about reaching $3 B mark of total USD liquidity.
UniSwap has been on a roll since June. It is the leading DeFi protocol for a month.
Data reveals a huge 96% of all activities on DeFi network come from Ethereum, the world’s second blockchain protocol by market capitalization.
Statistics show that DeFi activity has progressed over ten times in Q3 of 2020. According to the research made by Dappradar Ethereum, TRON, and EOS record for 97% of daily active wallets, with the strategy of administering governance tokens. One of the keys to dapp growth is yield farming.