Crypto and onchain ecosystem enthusiast
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SparkLend sits at about $5.29B supplied, mostly on Ethereum. Conservative by design, ETH, BTC derivatives, and USD stables, more capital parking than yield chasing.
N7 is holding up way better than the rest, down about 13% while L1, L2, and DeFi core are closer to 35 to 39% down. When dispersion looks like this, the next rotation usually starts from whoever leaks the least.
Bm to everyone who's made @base home 🏡
Lending keeps gaining share inside DeFi. Over the past year it moved from about 16.6% to 21.3% of total TVL, which feels like slow structural growth rather than a one week narrative pump.