Ethereum Lending Hits $28 Billion After Aave Proves DeFi’s Crisis Shield in Weekend Crash

Ethereum’s on-chain lending ecosystem has reached a new milestone, with active loans surpassing $28 billion as of January 2026. Central to this growth is Aave, the leading Ethereum-based lending protocol, which controls approximately 70% of the network’s active lending market. Aave’s Automated Liquidations Prevent DeFi Contagion Amid Weekend Crash Data on Token Terminal shows that the growth in active loans across Ethereum-based lending platforms achieved a tenfold increase from January 2023 lows. Active loans across lending platforms on Ethereum source: https://beincrypto.com/crypto-lending-leverage-liquidation-risk/