DeFi Lending Protocols Gain $2.3B in TVL
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Decentralized finance (DeFi) lending protocols saw a significant increase in total value locked (TVL), rising from $40.36 billion to $42.69 billion over the past day. This represents a daily increase of approximately 6%. On-chain lending protocols added $2.3 billion in TVL over the past 24 hours, accompanied by a roughly $700 million increase in active loans. During the same period, lending-related tokens saw an average price increase of 7.7%. AAVE registered the most new loans, with a $562 million increase in active debt, surpassing $11 billion. However, Aave’s revenue did not mirror this increase, falling from $418,000 to $67,430.
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