For some DeFi projects, when airdrop rewards dry up, it kickstarts a terminal liquidity decline from which they don’t recover. DeFi lending protocol Gearbox has defied that pattern. Last year, its total value locked fell 80% from its $410 million peak. Users caused the slump by abandoning Gearbox when opportunities to farm airdrops of restaking services like Renzo shrank. TVL is a metric that measures the amount of deposits to a DeFi protocol. Yet, Gearbox’s TVL has since bounced back to $340 million, D ...

RT etrouble (@etrouble562).@aave has generated >$1B of fees over the last 3 years.- This is >5x the closest competitor- Over 100% fee growth rate over the last 90 days- Maintaining >65% of active loan volumeIt is incredible that $AAVE has been able to dominate the DeFi lending market to this level.Add another Billion milestone to Aave.Just use Aave. ...