1/ With $564.5M borrowed across 8 protocols, Aptos DeFi is thriving. 
1⃣ AriesMarkets : ~$350M
2⃣ EchelonMarket : $103+M
3⃣ Meso_Finance : ~$70M
4⃣ superp_fi : ~$20M
5⃣ JouleFinance : ~$13.5M
6⃣ AptinLabs : $6.3+M
7⃣ EchoProtocol_ :~$4.5M
8⃣ ThalaLabs : $0.5M
2/ 
Total Borrowed:
A staggering $564.5M in stablecoins has been borrowed, showcasing the rapid growth of lending on Aptos.
This underscores the ecosystem’s expanding liquidity and user trust in DeFi.
3/ 
Borrowing Activity:
4.4M borrowing events highlight robust and consistent demand.
2M unique users have participated, signaling widespread adoption.
Aptos DeFi is attracting users globally, positioning itself as a major player in the space. 
4/ 
Dominant Protocol:
AriesMarkets leads the charge with the highest total borrowed volume, making it the go-to protocol for stablecoin lending.
EchelonMarket & Meso_Finance follow closely, capturing significant market share.
5/ 
Most Borrowed Assets:
$USDC and $USDT dominate the market, accounting for the bulk of the borrowed volume.
6/ Weekly Trends:
The dashboard shows a steady upward trend in both borrowing transactions and user participation.
7/ 
Market Share Shifts:
While AriesMarkets holds a strong lead, new protocols like superp_fi and EchoProtocol_ are steadily gaining ground.
Market share dynamics suggest evolving competition within Aptos lending.
8/ 
What’s Next?
Aptos’ DeFi ecosystem is poised for even more growth as users flock to decentralized money market platforms.
Will Aries maintain its lead, or will new challengers emerge? 
9/ 
Final Takeaway:
Aptos stablecoin borrowing is surging with $564M+ borrowed, millions of users, and growing competition among protocols.
This is just the beginning for Aptos DeFi. 
What are your thoughts?
Deep dive into the dashboard and Let’s discuss! 
