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Aave Leads Polygon Protocols by Total Value Locked with $396M TVL

Aave Leads Polygon Protocols by Total Value Locked with $396M TVL
The total value locked (TVL) across DeFi protocols on the Polygon blockchain has reached approximately $844 million, indicating strong adoption of decentralized finance applications. Aave remains the largest protocol with a TVL of $396 million, while Uniswap holds the second spot with $108 million in locked assets. Other protocols like Polymarket, Spiko, and QuickSwap have also experienced growth in their TVL. The market capitalization of key projects on Polygon varies, with Aave leading at $4.44 billion and Uniswap at $7.21 billion. Overall, Polygon remains a significant player in the DeFi sector, offering a range of financial applications to users.

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