Here are the top 10 DeFi platforms ranked by Total Value Locked (TVL) as of now:
Lido Finance: TVL of approximately $36.21 billion - a leading liquid staking platform.
MakerDAO: TVL around $4.95 billion - known for its collateralized debt positions (CDPs).
Aave: TVL of about $5.49 billion - a popular lending and borrowing platform.
JustLend: TVL of approximately $5.79 billion - a lending protocol on the TRON network.
Uniswap: TVL around $3.31 billion - a decentralized exchange for token swaps.
Curve Finance: TVL of about $1.92 billion - a decentralized exchange optimized for stablecoin trading.
Compound Finance: TVL approximately $2.07 billion - another lending and borrowing protocol.
Synthetix: TVL around $1.75 billion - a platform for creating and trading synthetic assets.
Balancer: TVL approximately $577 million - an automated portfolio manager and liquidity provider.
Badger DAO: TVL around $846 million - focused on bringing Bitcoin to DeFi applications.
These platforms showcase the diversity within the DeFi space, offering various services such as lending, borrowing, and trading across different blockchain ecosystems.
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