Yesterday, the decentralized lending protocol Aave announced the release of a V1 to V2 migration tool. Users can operate on the V1 panel, select the collateral and positions that need to be upgraded, and then migrate to V2.

Currently, the DeFi crypto market cap is $38.16 billion, a 21.61% increase over the last day. Chainlink ranked first with a market capitalization of $9,434,123,847, an 11% increase over the past day, Uniswap and Wrapped Bitcoin ranked second and third, respectively.

Source: coinmarketcap

As of press time, the Total Value Locked (TVL) in DeFi is $26.5 billion, of which Maker is ranking first, followed by Aave and Compound. And Maker is dominating the DeFi landscape by 17.71% with $6.97 billion TVL to-date.

Source: DeFi Pulse

When it comes to DeFi lending platforms, Maker is the best performer, with $4.69 billion assets locked in it. The second-ranked Aave and the third-ranked Compound have a slight increase compared to yesterday.

Among decentralized exchanges(DEXes), Uniswap ranked first with $3.14 billion in TVL, a slight increase over the last day, and Curve Finance followed with $2.78. billion. However, the TVL of Sushiswap, which ranks third, currently sits at $2.05 billion. 

The 24-hour trading volume of the decentralized exchange surged to $476 million today, a 73% drop over the last day, of which Uniswap accounts for nearly half of the market share with a 24-hour trading volume of about $142 million.

Source: Dune Analytics