CandleFocus

Top Lending Protocols in DeFi Secure $32 Billion in Total Value Locked

The total value locked (TVL) in decentralized lending protocols has reached $32 billion, according to statistics from DeFiLlama. Aave is currently the leading lending protocol with a TVL of $11.9 billion, followed by JustLend at $5 billion. Other notable players include Spark Protocol and Compound. Newer platforms like Kamino and Morpho are also gaining traction. The 30-day TVL change varies among platforms, with JustLend experiencing a decline and Aave seeing a modest increase. Fluid and Avalon Labs are at the bottom of the top 10 list but have potential for growth. These TVL figures demonstrate the adoption scale of DeFi and highlight the trust and liquidity provided by decentralized lending protocols.

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