Crypto -Loingen is the most investigated sector based on token terminal data. Defi Lending still has more than $ 38 billion in different safes and has been the key to tap the value of Ethereum (ETH) and Altcoins.
Crypto -loaned by Defi protocols remains one of the most viewed sectors. The sector saw the inflow of smart money from whales and is still closely monitored for the growth of data signaling. Defi -lending as a whole increased its market capitalization by 3.7%and expanded to more than $ 5.4 billion. Lending is a subset of General Defi, which remained relatively resilient during the recent market crash.
The total value locked in Defi -Loingen rose to $ 38.11b from $ 37 billion in the past week. Defi -lending remains adaptable to changing market conditions, with funds that flow back to signs of market recovery. Defi remains a proxy for the entire crypto market, because it depends on a general bullish direction.
Aave (Aave) is again the leader and expands his value with 5.22% at night. The protocol is also one of the largest gas users, with more $ 231k in gas costs during very active days. As a result, Aave has one of the largest token stimuliEspecially on days with a higher turnover. On April 3, Aave distributed $ 1.63 million in token stimuli. For that reason, Aave is one of the few protocols with days of negative income as a result of redistribution.
The protocol has locked more than $ 17 billion in value and easily returns to the levels of the Bull market from 2021. Aave recovered to $ 131.45 when buyers returned to the protocol in expectation of more growth and token purchase. Aave was also relatively unscathed by the most recent Tour of Defi -Liquidations, most of which influenced maker/sky users with large Ethereum positions.
Defi -loan becomes the top fan producer
Defi -Loingen are also among the top producers in Crypto. The regular influx of loans and stablecoins, as well as reimbursements to lenders, builds up economic activity on the chain.
Defi Lending is an important producer of the costs, especially on days of higher market activity. | Source: Token Terminal
Aave was in the top 10 of reimbursement generators, with more than $ 1.67 million in daily gross turnover from loan and credit activity. In total, Top Defi -credit protocols produced more than $ 291 million in reimbursements in the last quarter, based on projects result of By tokenminal. The top 3 projects in user interest and performance include Aave, Morpho Labs and Spark Protocol, which currently have the most active safes.
For now, Ethereum-based loans remains a leading sector, but the model is also important in the Solana ecosystem. Kamino Lend Locks in $ 1.54 billion and is able to indicate loans against a collateral of Meme -Tokens.
Not all Defi -credit protocols have the same profile. Some serve as safe providers, as in the case of Aave. Others have a higher one Stabilein turnoverThe leaders become with Sky Protocol and Curve Finance.
Defi -Loingen were confronted with $ 100 million in liquidations
Defi loans are closely monitored because of the ability to survive liquidations based on the value of ETH. As ETH was found to $ 1,572.29, part of the liquidation pressure disappeared.
Currently, Aave has threatened $ 18.5 million by liquidation within 20% of the current price levels. Sky protocol, with its wider range of safes, has over $ 849 million In positions that are threatened by liquidation.
The recent price drop for ETH brought the total liquidation levels to a new range. Most new liquidity in Leenpools has a liquidation price of $ 905.02 per ETH. In recent days, the credit market liquidated more than $ 100 million from over-collateralized vaults. Currently, the total liquidating loans have fallen to $ 1 billion. The loan value was reduced by a mix of liquidations and repayments with extra collateral.
