According to ME News, on July 30 (UTC+8), data from CryptoRank shows that July marked the first month of growth in the DeFi lending market in 2026. After five consecutive months of decline, the total outstanding loan balance across major lending protocols rose from $20.7 billion in June to $22.2 billion in July, a 7.2% increase. Aave maintained its leading position with an outstanding loan balance of $11 billion, capturing a 46.2% market share. Combined, Aave and Morpho accounted for nearly two-thirds of the market. (Source: PANews)
July Marks First DeFi Lending Market Growth in 2026, Active Loan Balances Rise 7.2%
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Summary
Market news from July 2026 shows the DeFi lending market recorded its first growth in five months, with active loan balances rising 7.2% to $22.2 billion. Aave led the market with $11 billion in active loans, capturing a 46.2% market share. Aave and Morpho together accounted for nearly two-thirds of the market. No major DeFi exploits were reported during the period.
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