Decentralized Finance (DeFi) growth on Ethereum (2018–2021)

1. DeFi’s stablecoin base is established

   Dec 18, 2017Labels: MakerDAO, Dai, Ethereum

   • MakerDAO Medium

2. Compound launches on Ethereum mainnet

   Sep 1, 2018Labels: Compound, Ethereum, Lending Market

   • Alea Research

3. Uniswap deploys AMM token swapping

   Nov 2, 2018Labels: Uniswap, Automated Market, ERC-20

   • Uniswap Blog
   • Uniswap Wiki

4. Istanbul upgrade lowers some cryptography gas costs

   Dec 8, 2019Labels: Istanbul Upgrade, EIP-1108, Ethereum

   • EIP 1108

5. Aave relaunches with liquidity pools and flash loans

   Jan 1, 2020Labels: Aave, Flash Loans, Liquidity Pools

   • Aave Governance
   • Aave Wiki

6. Curve launches stablecoin-focused trading pools

   Jan 3, 2020Labels: Curve, Stablecoins, AMM

   • DeFiLlama Wiki

7. MakerDAO adds USDC collateral after market stress

   Mar 17, 2020Labels: MakerDAO, USDC, Black Thursday

   • CoinDesk
   • CoinDesk

8. Compound begins COMP distribution, igniting “yield farming”

   Jun 15, 2020Labels: Compound, COMP, Liquidity Mining

   • CoinDesk
   • CoinDesk

9. DeFi TVL crosses $2 billion milestone

   Jul 7, 2020Labels: Total Value, DeFi

   • The Block
   • DeFi Pulse Docs

10. SushiSwap launches, intensifying liquidity competition

    Aug 28, 2020Labels: SushiSwap, Uniswap Fork, Liquidity Incentives

    • Messari
    • Bullish

11. Uniswap airdrops UNI governance token

    Sep 17, 2020Labels: Uniswap, UNI, Airdrop

    • Dune Blog

12. DeFi TVL exceeds $100 billion, signaling mainstream scale

    Apr 6, 2021Labels: Total Value, DeFi, Ethereum

    • ForkLog

13. Berlin hard fork lands amid growing DeFi load

    Apr 15, 2021Labels: Berlin Upgrade, EIP-2929, EIP-2930

    • CoinDesk