As of early 2019, the amount of Defi-locked ETH has increased, with the majority being attributed to Maker and Compound. Maker's position as an early pivotal player has assured their dominance concerning ETH locked (nearly 100% of ETH locked until mid-2019, but still the majority to this day). Maker enabled a new wave of ETH Locked financial protocols that depends on a decentralized stablecoin: SAI (formerly called "DAI" when released). At release, SAI was the only DeFi player with unique stablecoin capabilities. As a result, the ETH influx locked in DeFi related smart contracts was concentrated in the locked ETH for SAI exchange. In mid-2019, a new generation of DeFi protocols was unveiled, with many of them using the SAI stablecoin. It wasn't until the launch of newer protocols that Maker's dominance came under threat, with the introduction of new ways to leverage SAI.