The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to data analysis website DeFi Pulse, the amount of cryptocurrency locked in DeFi application smart contracts exceeded $8 billion this week and currently stands at $8.41 billion at the time of writing.

According to DeFi Pulse, the value of cryptocurrencies locked in these smart contracts doubled over the course of August, reaching the amount as of July 31 ($4.19 billion).

Most of the growth occurred in the first half of the month, reaching $7 billion on August 16 and gradually climbing to $8 billion the week of August 26.

Maker has been the leading DeFi protocol for some time, and as of the beginning of this month, its competitors were well ahead. However, it is now ranked second, behind the new champion: Aave.

Aave currently tops the list with $1.55 billion in cryptocurrency locked in its smart contracts, a number that has almost tripled in just two weeks.
As of August 13, it had only $529.6 million locked in smart contracts, but it surged to nearly $428 million the next day and has been climbing ever since.

Aave now accounts for 18% of the value locked in DeFi contracts.
As reported earlier this week, the price of Aave’s LEND token has surged over 20.000% in the past year due to Ethereum’s explosive DeFi growth.

Maker has seen more steady growth in August, going from $1.28 billion in smart contract value locked on August 1 to $1.43 billion yesterday. As of yesterday, Curve
Finance follows closely behind with $1.26 billion, while Balancer is the last protocol to surpass the $1 billion mark in locked value at $1.07 billion.

DeFi’s market capitalization has also exploded recently, currently reaching $15.5 billion, according to CoinGecko. As of August 9, that number was just $11 billion.