Aave DeFi lending monopoly reaches 51%, creating a systemic feedback loop with only a $460M backstop

Aave now controls 51. 5% of the decentralized finance lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33. 37 billion in total value locked sits atop a $64 source: https://cryptoslate.com/aave-defi-lending-monopoly-reaches-51-creating-a-systemic-feedback-loop-with-only-a-460m-backstop/