Anchor Protocol, the popular savings app on Terra_money, is now the 3nd-largest dApp in DeFi.
With 14.5B in TVL, it represents over half of all assets locked on Terra.
Anchor has now surpassed almost all of Ethereum’s ‘blue-chip’ DeFi assets, including the lending protocol Aave, Uniswap, and Compound. As for Terra, it now has a TVL of 27B, making it the No. 3 smart contract network.