DeFi lending reached $26.1 billion in August, with Aave leading market share

According to CryptoRank, the scale of DeFi borrowing has picked up, with total outstanding loans rising from $20.1 billion in June to $26.1 billion in August, an increase of nearly 30 per cent. Aave ' s outstanding loans amounted to $12.5 billion, with a market share of approximately 48 per cent; Morpho was $5.1 billion and Spark was $2.1 billion。