This power law holds on the revenue side too. Aave’s YTD protocol revenue is 1.6x larger than the combined revenue of all other major DeFi lending protocols.
sealaunch.xyz
sealaunch.xyzJul 11, 01:20
DeFi lending TVL just hit a new all-time high of $92B in net deposits, making it the largest category by TVL in DeFi. Much of this growth is driven by Aave, which alone holds more TVL than the next nine largest lending protocols combined.
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