Data: Aave becomes the first DeFi lending protocol to surpass 50% market share, with a current TVL of $3.5833 billion.

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Aave has become the first DeFi lending protocol to surpass 50% market share, with a TVL of $3.5833 billion, marking a significant milestone since 2020.

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AaveDeFiMorphoLlamaLending & BorrowingYield FarmingDeFi lendingmarket shareTVLcryptocurrency
According to data from DefiLlama, Aave's share in the DeFi lending market has exceeded 51.3%, marking the first time since 2020 that a single protocol has achieved a usage rate of over 50%. The top 10 lending protocols by TVL are as follows: Aave currently has a DeFi lending TVL of approximately $3.5833 billion, accounting for approximately 51.3% of the market share; Morpho currently has a DeFi lending TVL of approximately $686.1 million, accounting for approximately 9.8% of the market share; JustLend currently has a DeFi lending TVL of approximately $401.5 million, accounting for approximately 5.8% of the market share; SparkLend currently has a DeFi lending TVL of approximately $381.1 million, accounting for approximately 5.5% of the market share; Maple currently has a DeFi lending TVL of approximately $272.4 million, accounting for approximately 3.9% of the market share; Kamino Lend currently has a DeFi lending TVL of approximately $240.2 million, accounting for approximately 3.4% of the market share; Compound Finance currently has a DeFi lending TVL of approximately $205.1 million, accounting for approximately 2.9% of the market share; Venus currently has a DeFi lending TVL of approximately $179.9 million. The total value of DeFi lending in the US is approximately US$154.5 million, accounting for about 2.6% of the market share; Fluid Lending's current DeFi lending TVL is approximately US$154.5 million, accounting for about 2.2% of the market share; Jupiter Lend's current DeFi lending TVL is approximately US$113.1 million, accounting for about 1.6% of the market share.

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