ChainCatcher reports that, according to DefiLlama data, Aave’s share in the DeFi lending market has surpassed 51.3%, marking the first time since 2020 that a single protocol’s usage rate has exceeded 50%.
The top 10 lending protocols by TVL are as follows: Aave currently has approximately $3.5833 billion in DeFi lending TVL, accounting for about 51.3% market share; Morpho currently has approximately $686.1 million in DeFi lending TVL, accounting for about 9.8% market share; JustLend currently has approximately $401.5 million in DeFi lending TVL, accounting for about 5.8% market share; SparkLend currently has approximately $381.1 million in DeFi lending TVL, accounting for about 5.5% market share; Maple currently has approximately $272.4 million in DeFi lending TVL, accounting for about 3.9% market share; Kamino Lend currently has approximately $240.2 million in DeFi lending TVL, accounting for about 3.4% market share; Compound Finance currently has approximately $205.1 million in DeFi lending TVL, accounting for about 2.9% market share; Venus currently has approximately $179.9 million in DeFi lending TVL, accounting for about 2.6% market share; Fluid Lending currently has approximately $154.5 million in DeFi lending TVL, accounting for about 2.2% market share; Jupiter Lend currently has approximately $113.1 million in DeFi lending TVL, accounting for about 1.6% market share.