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.
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TopBuyerForever
· 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.
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51.3% is really outrageous. This is the true lending king; others are just supporting roles.
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Morpho at only 9.8% can rank second, showing how absolute Aave is... such a high concentration might not be good.
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Wow, $3.58 billion TVL. Seeing this number makes me a bit nervous—such a high single-point risk.
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Aave has been the dominant player for so long, it seems no competitors can threaten it. Its dominance since 2020 is unbeatable.
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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.
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ParanoiaKing
· 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.
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MetaverseVagrant
· 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.
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RumbleValidator
· 12h ago
What does a 51.3% share mean? A hotbed of single points of failure. Can we trust the data after re-verification?
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.