While the value blocked in Defi is increasing, dozens of Dapps Cross-Chain use support-Defi

While the value blocked in Defi is increasing, dozens of Dapps Cross-Chain use support-Defi

decentralized financial protocol (defi) continues to shine because the total value of the defi is over $ 260 billion. While Ethereum started the defi trend and keeps the Lion's share of TVL defi, a large number of decentralized applications (DAPPS) support a number of alternative blockchains.

The most popular dapps of today support more than one network

On November 7, the total value that is blocked in Defi is $ 260 billion according to Defillama statistics on Sunday. When Defi started to make waves, most daps used people with which people interacted, the Ethereum ( eth ) blockchain. Everything has changed towards the end of 2021 because the cross-chain technology is hotter than ever and Dapps now support a variety of networks.

Während der in Defi gesperrte Wert steigt, nutzen Dutzende von Dapps Cross-chain support

For example, Curve, the automated market maker (AMM) protocol, holds the largest proportion of TVL with $ 20.08 billion, which corresponds to $ 7.71 %. Curve also combines with seven different blockchain networks, including Ethereum. The chains include Avalanche, Harmony, Polygon, Arbitrum, Fantom, Xdai and Ethereum.

Another large dapp with $ 15.75 billion TVL is AAVE, the decentralized loan system and user from three different blockchains ( ETH , Avax, Matic) can access the DAAPP. When it comes to cross-chain support, the DAPP Sushiswap has a considerable number of chains, since 12 blockchain networks can access the DAPP. Chains like Palm, Xdai, Polygon, Avalanche, Celo, Okexchain, Moonriver, Harmony, Binance Smart Chain, Heco, Ethereum and Arbitrum.

sushiswap, ANYSWAP supports 12 different chains-cross-chain support trend continues to increase

With all these compounds, the decentralized Exchange platform (Dex) sushiswap has a TVL of $ 6.8 billion. The Anyswap-Dapp also supports 12 different networks and the only difference to sushiswap is that the DAPP supports the Kucoinchain. Other popular dapps that use more than one network are protocols such as Abracadabra, Balancer, Uniswap V3, Renvm, Cream Finance, Synthetix, Mirror, Beefy Finance, Badger Dao and Alpha Finance.

Of course, all of these applications also support Ethereum, but since the Ether GAS fees have increased dramatically this year, competitors have started to catch up. In the past nine months, many Dapp's support for alternative blockchains have added and it doesn't seem as if this trend will stop growing in the foreseeable future.

What do you think of the defi applications that now operate different blockchains? Let us know your opinion on this topic in the comments below.

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