According to ChainCatcher, data from DefiLlama shows that Aave's market share in the DeFi lending market has exceeded 51.3%, marking the first time since 2020 that a single protocol has achieved over 50% usage. The top 10 lending protocols ranked by TVL are as follows: - Aave currently has a DeFi lending TVL of approximately $3.5833 billion, accounting for about 51.3% of the market share. - Morpho currently has a DeFi lending TVL of approximately $686.1 million, accounting for about 9.8% of the market share. - JustLend currently has a DeFi lending TVL of approximately $401.5 million, accounting for about 5.8% of the market share. - SparkLend currently has a DeFi lending TVL of approximately $381.1 million, accounting for about 5.5% of the market share. - Maple currently has a DeFi lending TVL of approximately $272.4 million, accounting for about 3.9% of the market share. - Kamino Lend currently has a DeFi lending TVL of approximately $240.2 million, accounting for about 3.4% of the market share. - Compound Finance currently has a DeFi lending TVL of approximately $205.1 million, accounting for about 2.9% of the market share. - Venus currently has a DeFi lending TVL of approximately $179.9 million, accounting for about 2.6% of the market share. - Fluid Lending currently has a DeFi lending TVL of approximately $154.5 million, accounting for about 2.2% of the market share. - Jupiter Lend currently has a DeFi lending TVL of approximately $113.1 million, accounting for about 1.6% of the market share.
Aave Becomes First DeFi Lending Protocol to Surpass 50% Market Share
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