Viewpoint: While CeFi lending is decreasing, DeFi lending is surging

The CEOs of Abra and Arch, active in the crypto lending field, stated that while CeFi lending is decreasing, DeFi lending is surging. Under the promotion of protocols such as Aave v3 and Spark v1, the Total Value Locked (TVL) in lending protocols has reached a new high. Aave v3: From November 5 to December 5, the TVL of Aave v3 increased from $16.5 billion to $27 billion, becoming a leader in recovery. Its success stems from features such as cross-chain functionality and improved capital efficiency, making it a dominant player in the DeFi lending field. Spark v1: This protocol also achieved significant growth; its TVL during the same period increased from $4.5 billion to $8 billion - almost doubling.