Stablecoin borrowing on Aptos is booming!🔥

1/ With $564.5M borrowed across 8 protocols, Aptos DeFi is thriving. :bar_chart::point_down:

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/ :money_with_wings: 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/ :chart_with_upwards_trend: 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. :earth_africa:

4/ :trophy: 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/ :moneybag: Most Borrowed Assets:
$USDC and $USDT dominate the market, accounting for the bulk of the borrowed volume.

6/ :bar_chart: Weekly Trends:
The dashboard shows a steady upward trend in both borrowing transactions and user participation.

7/ :triangular_ruler: 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/ :mag: 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? :eyes:

9/ :bulb: 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. :rocket:

What are your thoughts?
Deep dive into the dashboard and Let’s discuss! :thinking:

12 Likes

nice race :slight_smile:

4 Likes

We have great APR for Stablecoin .

20-25% - For me the best lending platform

7 Likes

Thanks for the info sir

2 Likes

25%?

impressive APR

1 Like