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<p>The <a href="https://blockchainreporter.net/defi-decentralized-finance/" data-type="post" data-id="18609">DeFi</a> lending sector has recently witnessed a significant development. As per CryptoDiffer (a well-known crypto analytics platform), Aave, JustLend, and SparkLend have occupied the first three positions among the DeFi lending protocols in terms of <a href="https://blockchainreporter.net/understanding-total-value-locked-tvl-in-cryptocurrency/" data-type="post" data-id="65087">total value locked (TVL)</a>. The analytics forum took to its official social media account to disclose this development.</p> 
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   <p lang="en" dir="ltr">Top Lending DeFi protocols by Total Value Locked (<a href="https://twitter.com/hashtag/TVL?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#TVL</a>)<a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#DeFi</a> lending involves depositing <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#crypto</a> assets on a platform, where other users can borrow them, allowing the lender to earn interest. <a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$AAVE</a> <a href="https://twitter.com/search?q=%24JST&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$JST</a> <a href="https://twitter.com/search?q=%24SPK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$SPK</a> <a href="https://twitter.com/search?q=%24COMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$COMP</a> <a href="https://twitter.com/search?q=%24XVS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$XVS</a> <a href="https://twitter.com/search?q=%24KMNO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$KMNO</a> <a href="https://twitter.com/search?q=%24LAB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$LAB</a> <a href="https://twitter.com/search?q=%24INST&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$INST</a> <a href="https://twitter.com/search?q=%24ZERO&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$ZERO</a> <a href="https://t.co/gir5fiAOiI" target="_blank">pic.twitter.com/gir5fiAOiI</a></p>— 🇺🇦 CryptoDiffer – StandWithUkraine 🇺🇦 (@CryptoDiffer) <a href="https://twitter.com/CryptoDiffer/status/1803419430652678307?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 19, 2024</a>
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<h2 class="wp-block-heading" id="aave-justlend-and-sparklend-get-top-positions-among-defi-lenders-in-terms-of-tvl">Aave, JustLend, and SparkLend Get Top Positions among DeFi Lenders in Terms of TVL</h2> 
<p>The platform shared a chart containing the top protocols offering crypto lending. In this respect, Aave secured the 1<sup>st</sup> position with a total value locked of up to $12.6 billion worth. As per the <a href="https://cryptodiffer.com/" target="_blank" rel="noopener">CryptoDiffer</a>, the lending protocol saw a more than 10.5% rise in its TVL during the past 30 days. Aave operates as a protocol that provides interest on the users’ deposits. It also permits the consumers to borrow assets.</p> 
<p>JustLend got the 2<sup>nd</sup> spot with a TVL of up to $6.41 billion. According to CryptoDiffer, the crypto lender saw a change of nearly -0.68 within the recent thirty days. It reportedly operates as a money market forum operating under TRON. In line with the chart, SparkLend obtained the 3<sup>rd</sup> place among the DeFi lending entities. It reportedly received a total value locked of approximately $3.01 billion.</p> 
<h2 class="wp-block-heading" id="sparklend-sees-a-27-3-surge-in-tvl-in-30-days">SparkLend Sees a +27.3% Surge in TVL in 30 Days</h2> 
<p>CryptoDiffer added that SparkLend enjoys a significant status among the lending platforms. Additionally, it leverages a credit line that Maker provides. In the past thirty days, it has gone through an above 27.3% rise in its TVL.</p>

Aave Secures Top Spot among DeFi Lending Protocols in Terms of TVL

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