Mantle and Aave have exceeded $1 billion in total market size less than three weeks after launching their joint lending market. The milestone was reached 19 days after launch, following more than $200 million in organic inflows over the weekend.
Mantle is a Layer 2 blockchain focused on scalable decentralized finance. Aave is a DeFi protocol that enables crypto lending and borrowing.
Alongside the $1 billion market size, Mantle’s TVL in DeFi applications rose to over $755 million. This marks a 66% increase in seven days, up from $455 million.
cryptonews.net