Wie 55 Mrd. US

tldr; Lending has become the largest sub-sector in the $198 billion DeFi ecosystem, surpassing liquid staking earlier this year. This shift is attributed to the collapse of centralized crypto lenders like Celsius and the maturation of DeFi protocols. Lending platforms such as Aave, Morpho, and Maple have seen significant growth, with Aave holding $26 billion in deposits. Experts highlight the importance of credit in finance and note that lending protocols require higher total value locked (TVL) due to their design, which supports borrowing demand.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.