![image.png](https://images.hive.blog/DQmdTrnLFVDzs8eEFEuesF8X6RszEiGx9mMZspLLP4RUrDK/image.png)


DappRadar has prepared the September 2020 DeFi Flash Report. Within this overview we will have a look at [the most popular DeFi dapps](https://dappradar.com/defi?utm_source=reddit&utm_medium=organic&utm_campaign=rankings) right now based on active wallets, total value locked and the price of the native tokens. [MakerDAO](https://dappradar.com/ethereum/defi/makerdao?utm_source=reddit&utm_medium=organic&utm_campaign=rankings), [Aave](https://dappradar.com/ethereum/defi/aave?utm_source=reddit&utm_medium=organic&utm_campaign=rankings), and [Curve](https://dappradar.com/ethereum/defi/curve?utm_source=reddit&utm_medium=organic&utm_campaign=rankings).

## Key Takeaways

- [MakerDAO](https://dappradar.com/ethereum/defi/makerdao?utm_source=reddit&utm_medium=organic&utm_campaign=rankings) regains a leadership position in total value locked by surpassing $1.5 billion. 
- MakerDAO is responsible for 21% of the total value generated in the DeFi space right now.
- [Aave](https://dappradar.com/ethereum/defi/aave?utm_source=reddit&utm_medium=organic&utm_campaign=rankings) is right behind MakerDAO with $1.35 billion in TVL with active wallets growing by 25% in September. 
- Aave is the number one lending protocol in DeFi right now.
- Aave’s LEND token value has increased by 952% in three months.
- While daily wallets on [Curve](https://dappradar.com/ethereum/defi/curve?utm_source=reddit&utm_medium=organic&utm_campaign=rankings) skyrocketed recently from 102 to 1,235 within 3 months, the dapp lost its share in value. TVL is close to $1 billion now.

## DeFi is still the most important category on Ethereum

As already reported, the DeFi category generated $24 billion of transaction volume in August 2020. The total value locked surpassed the $7 billion line and active users are higher than 19,000.

Recently the top three dapps leaderboard was fluctuating a lot. Aave and Curve just surpassed $1 billion in total value locked back in August while MakerDAO held more than $1 billion in value for a while now.

Would like to know more? [Read the full September 2020 Flash Report now](https://dappradar.com/blog/the-most-popular-defi-dapps-right-now-2?utm_source=reddit&utm_medium=organic&utm_campaign=the-most-popular-defi-dapps-right-now-2)