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TVL of DeFi surpasses 116 billion dollars as lending activities rise to the sky again.
The DeFi landscape is experiencing a resurgence, with the total value locked soaring to over $116 billion, a level not seen since April. Ethereum and Solana are leading, while AAVE solidifies its dominance with $25.871 billion locked across 18 chains. Meanwhile, protocols like Morpho are making waves with an impressive 25.35% monthly increase, thanks to its hybrid lending structure. But what surprising strategy is driving Pendle’s 11.71% increase, making it stand out in a crowded field of profit strategies? Explore the appeal behind Pendle’s unique approach.