Originally published at: https://www.channel-sea.cc/how-did-convex-overtake-makerdao-aave-and-yearn-cryptoslate/
According to data from Footprint Analytics, the TVLs of both Curve and Convex surpassed Aave, formerly the No. 1 DeFi protocol, in November and December. Continuing its strong momentum, Convex also overtook MakerDAO in late December to become the second-ranked project behind Curve. Footprint Analytics – TVL of Top 5 Projects The growth of Convex…