July 27, 2020 Maker now has over $1 billion in total value locked.

The decentralized lending and stablecoin issuance protocol, Maker, now has $1.02 billion in total value locked (TVL), becoming the first decentralized finance protocol to surpass the $1 billion threshold. There is now 2.4 million Ether or 2.12% of Ether’s total supply locked in the protocol which has seen an increase of $540 million in TVL over the past 30 days.