According to the latest data, Aave's market share in the DeFi lending market has reached 51.3%, marking the first time since 2020 that a single lending protocol's market share has surpassed the 50% threshold.



Currently, Aave's total value locked (TVL) in lending is approximately $3.5833 billion, far ahead of other lending platforms. Following closely is Morpho, with a TVL of about $686.1 million, accounting for 9.8%; JustLend ranks third with $401.5 million, accounting for 5.8%; SparkLend is fourth with $381.1 million, accounting for 5.5%; and Maple Lending Platform's TVL is approximately $272.4 million.

This data reflects Aave's absolute dominance in the DeFi lending space and also indicates a further increase in market concentration.
AAVE1,99%
MORPHO3,98%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
TopBuyerForevervip
· 11h ago
Aave is so powerful, with a 51% market share directly crushing other protocols. It feels like the entire ecosystem is almost given to it. --- 51.3% is really outrageous. This is the true lending king; others are just supporting roles. --- Morpho at only 9.8% can rank second, showing how absolute Aave is... such a high concentration might not be good. --- Wow, $3.58 billion TVL. Seeing this number makes me a bit nervous—such a high single-point risk. --- Aave has been the dominant player for so long, it seems no competitors can threaten it. Its dominance since 2020 is unbeatable. --- And the combined total of a few other platforms still doesn't add up to even a fraction of Aave's. We really need to pay more attention to these new rivals.
View OriginalReply0
ParanoiaKingvip
· 11h ago
Aave is dominating this wave, 51%? Feels a bit too much. Is this the so-called "monopoly era" coming? 51% is really incredible... other platforms combined only add up to a fraction. If something happens to Aave someday, the entire DeFi might shake a bit. Morpho's gap is also too big, feels like no chance to turn things around. This 51.3 number... just looking at it makes me a little uneasy. Is Aave so powerful because it's really easy to use or just for peace of mind? $3.5 billion concentrated in one protocol, gotta think about the risk. Crazy, crazy, is DeFi concentration still going to keep soaring? Now Aave's influence is even more significant.
View OriginalReply0
MetaverseVagrantvip
· 11h ago
Aave's dominance is a bit scary, 51.3%? Feels like the risk is too concentrated... It seems like Morpho is catching up; we need to pay more attention to new players. Breaking the 50% mark, DeFi is really being monopolized now. Speaking of which, $3.58 billion is locked in Aave. What if something goes wrong... Looking at these numbers, Morpho still has a chance? No, the gap is too big.
View OriginalReply0
RumbleValidatorvip
· 12h ago
What does a 51.3% share mean? A hotbed of single points of failure. Can we trust the data after re-verification?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)