DeFi lending is still the most closely watched crypto sector even after the market crash

DeFi lending has adapted well to market fluctuations, increasing its total locked value from 37 billion USD to 38.11 billion USD. Recent activity shows whales withdrawing loans amid liquidation pressures as Ethereum’s price rebounds. Aave stands out as the leader in locked value, showing resilience and growth.

Aave (AAVE) generated significant daily revenue, contributing over 1.67 million USD. It now holds over 17 billion USD in locked assets, with a recovery to 131.45 USD. Despite recent liquidations affecting other protocols, Aave has maintained its status as a leading fee producer in the DeFi sector.

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