DeFi Cryptocurrencies Hit Record Highs In Tandem With Ethereum

Several decentralized finance (DeFi)-based cryptocurrencies hit their all-time highs late Sunday in tandem with Ethereum (ETH) rally.

Aave (AAVE) hit an all-time high of $291.60 at press time, up 13.8% over 24 hours. The DeFi coin has registered a surge of 259.8% over a period of one month against the U.S. dollar, according to data from Messari.

Aave has a total locked volume of $3.88 billion at press time, according to data from DeFi Pulse.

See also: How to Buy Ethereum (ETH)

SushiSwap (SUSHI) also hit an all-time high of $9.78 on Sunday and is up 12.5% over 24-hours to press time at $8.58. The cryptocurrency has surged 265% against the U.S. dollar over a month.

Uniswap (UNI), of which SushiSwap is a fork, traded 21.7% higher at $12.29 at press time. It hit an all-time high of $12.91 earlier in the day.

Curve DAO Token (CRV) traded 6.7% higher at $2.2. It had hit an all-time high of $5.5 on Jan. 9.

Yearn.Finance (YFI) is down 0.8% at press time, bucking the overall DeFi trend, at $31,734.48. It hit an all-time high of $43,964.63 in September last year.

DeFi projects have hit a total locked value of $26.56 billion, according to Defi Pulse.

Ethereum (ETH), the blockchain platform primarily associated with DeFi projects, hit an all-time high of $1,477.47, also on Sunday.

Bitcoin traded 1.9% higher at $33,527.04 at press time.

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