DeFi Lending on Ethereum
Total TVL
$26.0B
Protocols
4
Markets
170
Protocols on Ethereum
Top Markets on Ethereum
| Asset | Protocol | Supply APY | Borrow APY | Utilization | TVL |
|---|---|---|---|---|---|
| | | 1.61% | 2.07% | 91.64% | $4.6B |
| | | 0.00% | — | 0.00% | $2.9B |
| | | 0.01% | 0.36% | 3.37% | $2.4B |
| | | 3.53% | 4.25% | 92.21% | $2.1B |
| | | 0.00% | 0.00% | 0.00% | $2.1B |
| | | 3.24% | 3.96% | 91.00% | $2.0B |
| | | 0.00% | — | 3.24% | $2.0B |
| | | 0.00% | 0.30% | 1.08% | $1.3B |
| | | 0.00% | — | 0.01% | $1.2B |
| | | 1.61% | 2.15% | 78.55% | $1.0B |
| | | 2.71% | 3.43% | 79.76% | $489.9M |
| | | 3.11% | 3.90% | 86.34% | $333.2M |
| | | 2.61% | 4.19% | 69.36% | $280.4M |
| | | 0.00% | — | 0.00% | $243.5M |
| | | 0.00% | — | 0.00% | $240.7M |
| | | 0.00% | — | 0.00% | $212.5M |
| | | 2.63% | 3.95% | 88.89% | $206.5M |
| | | 0.00% | — | 0.17% | $201.7M |
| | | 0.00% | — | 0.00% | $190.4M |
| | | 3.04% | 3.85% | 84.50% | $182.0M |
| | | 2.48% | 4.08% | 67.58% | $174.9M |
| | | 1.42% | 2.98% | 59.55% | $165.2M |
| | | 0.00% | 3.75% | 76.30% | $165.1M |
| | | 0.00% | 0.28% | 0.57% | $152.4M |
| | | 0.00% | — | 0.00% | $127.0M |
| | | 2.95% | 4.62% | 85.05% | $123.5M |
| | | 1.30% | 1.72% | 64.97% | $117.1M |
| | | 0.47% | 3.87% | 13.58% | $100.0M |
| | | 0.04% | 0.85% | 5.47% | $99.8M |
| | | 0.00% | — | 0.11% | $96.3M |
| | | 0.01% | 0.12% | 9.50% | $87.9M |
| | | 0.00% | — | 0.00% | $77.5M |
| | | 0.00% | — | 0.00% | $75.5M |
| | | 2.22% | 3.88% | 63.54% | $50.1M |
| | | 0.00% | — | 0.00% | $35.0M |
| | | 8.29% | 8.70% | 96.29% | $31.8M |
| | | 0.69% | 5.63% | 16.23% | $27.2M |
| | | 0.00% | 0.00% | 0.00% | $20.1M |
| | | 2.12% | 4.39% | 60.35% | $20.1M |
| | | 0.00% | 0.25% | 0.01% | $19.8M |
| | | 0.00% | — | 0.41% | $19.7M |
| | | 3.86% | 4.90% | 87.69% | $18.9M |
| | | 0.00% | — | 0.00% | $18.3M |
| | | 6.54% | 7.60% | 86.41% | $16.2M |
| | | 9.53% | 10.48% | 91.35% | $15.4M |
| | | 2.28% | 2.53% | 90.00% | $14.7M |
| | | 0.00% | — | 0.00% | $9.4M |
| | | 0.00% | — | 0.58% | $9.2M |
| | | 0.05% | 0.08% | 60.31% | $7.4M |
| | | 2.42% | 2.69% | 90.00% | $6.7M |
| | | 0.54% | 0.97% | 55.59% | $5.0M |
| | | 8.98% | 9.96% | 90.58% | $4.2M |
| | | 0.00% | — | 0.03% | $2.8M |
| | | 0.00% | — | 1.08% | $2.6M |
| | | 0.63% | — | 15.22% | $2.3M |
| | | 5.95% | 6.76% | 88.33% | $2.2M |
| | | 10.34% | 11.37% | 91.37% | $2.2M |
| | | 0.61% | 2.18% | 34.88% | $2.0M |
| | | 0.00% | 0.00% | 0.00% | $1.8M |
| | | 4.02% | 4.48% | 90.08% | $1.2M |
| | | 0.00% | 0.00% | 0.00% | $990.3K |
| | | 0.77% | — | 30.04% | $862.6K |
| | | 0.03% | 0.49% | 6.05% | $652.5K |
| | | 5.49% | 6.23% | 88.51% | $391.2K |
| | | 0.73% | 0.81% | 90.05% | $346.9K |
| | | 0.82% | 0.91% | 90.28% | $344.8K |
| | | 0.01% | — | 2.93% | $300.2K |
| | | 0.06% | — | 7.14% | $275.8K |
| | | 0.00% | — | 0.00% | $264.3K |
| | | 0.00% | 0.16% | 1.00% | $248.1K |
| | | 0.82% | 2.66% | 38.75% | $212.8K |
| | | 7.12% | 8.03% | 89.06% | $161.9K |
| | | 40.70% | 50.47% | 83.57% | $159.8K |
| | | 0.78% | — | 39.91% | $144.8K |
| | | 3.72% | 4.39% | 84.96% | $144.4K |
| | | 0.10% | — | 7.81% | $115.9K |
| | | 0.12% | — | 19.68% | $100.0K |
| | | 0.52% | — | 8.41% | $72.6K |
| | | 5.09% | 5.68% | 90.00% | $59.3K |
| | | 0.00% | — | 0.00% | $50.6K |
| | | 0.00% | 0.03% | 0.00% | $45.7K |
| | | 0.00% | — | 0.00% | $45.0K |
| | | 10.12% | 10.83% | 93.75% | $41.1K |
| | | 23.39% | 25.65% | 92.06% | $39.3K |
| | | 0.00% | — | 0.00% | $38.0K |
| | | 0.06% | 0.96% | 6.73% | $23.9K |
| | | 0.00% | 1.28% | 0.00% | $1.2K |
| | | 9.96% | 10.70% | 93.46% | $816.70 |
| | | 0.03% | 0.06% | 45.24% | $147.74 |
| | | 297383.41% | 297455.38% | 100.00% | $111.55 |
| | | 0.00% | 0.03% | 2.55% | $60.71 |
| | | 0.00% | 0.03% | 0.01% | $57.85 |
| | | 0.52% | 2.98% | 17.72% | $54.12 |
| | | 297995.80% | 297995.80% | 100.00% | $29.52 |
| | | 0.17% | 4.90% | 3.61% | $28.53 |
| | | 297995.80% | 297995.80% | 100.00% | $14.13 |
| | | 38656.49% | 38843.41% | 99.99% | $8.29 |
| | | 0.02% | 0.05% | 30.57% | $6.58 |
| | | 275066.01% | 277648.94% | 99.94% | $6.02 |
| | | 59.34% | 86.17% | 78.89% | $5.93 |
| | | 0.00% | 0.03% | 9.48% | $5.58 |
| | | 0.00% | 0.27% | 0.00% | $5.00 |
| | | 0.00% | 0.03% | 1.04% | $4.52 |
| | | 0.16% | 13.93% | 1.22% | $3.51 |
| | | 0.00% | 0.30% | 0.00% | $1.85 |
| | | 14.26% | 44.26% | 37.45% | $1.72 |
| | | 0.00% | 13.34% | 0.00% | $1.49 |
| | | 0.00% | 0.03% | 0.00% | $1.43 |
| | | 1.26% | 1.39% | 90.40% | $1.14 |
| | | 0.49% | 0.60% | 81.97% | $1.11 |
| | | 3.66% | 4.07% | 90.78% | $1.08 |
| | | 4.10% | 4.56% | 90.24% | $1.04 |
| | | 3.67% | 4.08% | 90.23% | $1.02 |
| | | 5.71% | 6.29% | 91.03% | $1.01 |
| | | 0.00% | 0.08% | 0.00% | $1.01 |
| | | 0.06% | 0.08% | 70.13% | $1.01 |
| | | 5.51% | 6.07% | 90.94% | $1.00 |
| | | 0.07% | 0.09% | 77.38% | $1.00 |
| | | 3.66% | 4.07% | 90.02% | $1.00 |
| | | 4.89% | 5.40% | 90.92% | $1.00 |
| | | 0.00% | 0.03% | 0.00% | $1.00 |
| | | 1.61% | 1.78% | 90.92% | $1.00 |
| | | 0.00% | 0.03% | 0.00% | $1.00 |
| | | 0.00% | 13.34% | 0.00% | $0.96 |
| | | 0.00% | 0.05% | 4.10% | $0.93 |
| | | 0.00% | 0.03% | 0.00% | $0.12 |
| | | 0.00% | 0.03% | 1.01% | $0.11 |
| | | 0.00% | 0.03% | 0.05% | $0.03 |
| | | 0.00% | 0.03% | 0.00% | $0.01 |
| | | 0.10% | 0.21% | 46.16% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.77% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.26% | 0.00% | $0.00 |
| | | 0.00% | 0.26% | 0.00% | $0.00 |
| | | 0.00% | 0.26% | 0.00% | $0.00 |
| | | 0.83% | 1.17% | 70.81% | $0.00 |
| | | 0.00% | 0.15% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.00% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 41883.94% | 41883.94% | 100.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.00% | 0.00% | $0.00 |
| | | 4.01% | 4.46% | 90.70% | $0.00 |
| | | 0.00% | 0.34% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.03% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.27% | 0.00% | $0.00 |
| | | 0.00% | 0.00% | 0.00% | $0.00 |
| | | 0.00% | 0.00% | 0.00% | $0.00 |
Supply APY
1.61%
Borrow APY
2.07%
TVL
$4.6B
Supply APY
0.00%
Borrow APY
—
TVL
$2.9B
Supply APY
0.01%
Borrow APY
0.36%
TVL
$2.4B
Supply APY
3.53%
Borrow APY
4.25%
TVL
$2.1B
Supply APY
0.00%
Borrow APY
0.00%
TVL
$2.1B
Supply APY
3.24%
Borrow APY
3.96%
TVL
$2.0B
Supply APY
0.00%
Borrow APY
—
TVL
$2.0B
Supply APY
0.00%
Borrow APY
0.30%
TVL
$1.3B
Supply APY
0.00%
Borrow APY
—
TVL
$1.2B
Supply APY
1.61%
Borrow APY
2.15%
TVL
$1.0B
Supply APY
2.71%
Borrow APY
3.43%
TVL
$489.9M
Supply APY
3.11%
Borrow APY
3.90%
TVL
$333.2M
Supply APY
2.61%
Borrow APY
4.19%
TVL
$280.4M
Supply APY
0.00%
Borrow APY
—
TVL
$243.5M
Supply APY
0.00%
Borrow APY
—
TVL
$240.7M
Supply APY
0.00%
Borrow APY
—
TVL
$212.5M
Supply APY
2.63%
Borrow APY
3.95%
TVL
$206.5M
Supply APY
0.00%
Borrow APY
—
TVL
$201.7M
Supply APY
0.00%
Borrow APY
—
TVL
$190.4M
Supply APY
3.04%
Borrow APY
3.85%
TVL
$182.0M
Supply APY
2.48%
Borrow APY
4.08%
TVL
$174.9M
Supply APY
1.42%
Borrow APY
2.98%
TVL
$165.2M
Supply APY
0.00%
Borrow APY
3.75%
TVL
$165.1M
Supply APY
0.00%
Borrow APY
0.28%
TVL
$152.4M
Supply APY
0.00%
Borrow APY
—
TVL
$127.0M
Supply APY
2.95%
Borrow APY
4.62%
TVL
$123.5M
Supply APY
1.30%
Borrow APY
1.72%
TVL
$117.1M
Supply APY
0.47%
Borrow APY
3.87%
TVL
$100.0M
Supply APY
0.04%
Borrow APY
0.85%
TVL
$99.8M
Supply APY
0.00%
Borrow APY
—
TVL
$96.3M
Supply APY
0.01%
Borrow APY
0.12%
TVL
$87.9M
Supply APY
0.00%
Borrow APY
—
TVL
$77.5M
Supply APY
0.00%
Borrow APY
—
TVL
$75.5M
Supply APY
2.22%
Borrow APY
3.88%
TVL
$50.1M
Supply APY
0.00%
Borrow APY
—
TVL
$35.0M
Supply APY
8.29%
Borrow APY
8.70%
TVL
$31.8M
Supply APY
0.69%
Borrow APY
5.63%
TVL
$27.2M
Supply APY
0.00%
Borrow APY
0.00%
TVL
$20.1M
Supply APY
2.12%
Borrow APY
4.39%
TVL
$20.1M
Supply APY
0.00%
Borrow APY
0.25%
TVL
$19.8M
Supply APY
0.00%
Borrow APY
—
TVL
$19.7M
Supply APY
3.86%
Borrow APY
4.90%
TVL
$18.9M
Supply APY
0.00%
Borrow APY
—
TVL
$18.3M
Supply APY
6.54%
Borrow APY
7.60%
TVL
$16.2M
Supply APY
9.53%
Borrow APY
10.48%
TVL
$15.4M
Supply APY
2.28%
Borrow APY
2.53%
TVL
$14.7M
Supply APY
0.00%
Borrow APY
—
TVL
$9.4M
Supply APY
0.00%
Borrow APY
—
TVL
$9.2M
Supply APY
0.05%
Borrow APY
0.08%
TVL
$7.4M
Supply APY
2.42%
Borrow APY
2.69%
TVL
$6.7M
Supply APY
0.54%
Borrow APY
0.97%
TVL
$5.0M
Supply APY
8.98%
Borrow APY
9.96%
TVL
$4.2M
Supply APY
0.00%
Borrow APY
—
TVL
$2.8M
Supply APY
0.00%
Borrow APY
—
TVL
$2.6M
Supply APY
0.63%
Borrow APY
—
TVL
$2.3M
Supply APY
5.95%
Borrow APY
6.76%
TVL
$2.2M
Supply APY
10.34%
Borrow APY
11.37%
TVL
$2.2M
Supply APY
0.61%
Borrow APY
2.18%
TVL
$2.0M
Supply APY
0.00%
Borrow APY
0.00%
TVL
$1.8M
Supply APY
4.02%
Borrow APY
4.48%
TVL
$1.2M
Supply APY
0.00%
Borrow APY
0.00%
TVL
$990.3K
Supply APY
0.77%
Borrow APY
—
TVL
$862.6K
Supply APY
0.03%
Borrow APY
0.49%
TVL
$652.5K
Supply APY
5.49%
Borrow APY
6.23%
TVL
$391.2K
Supply APY
0.73%
Borrow APY
0.81%
TVL
$346.9K
Supply APY
0.82%
Borrow APY
0.91%
TVL
$344.8K
Supply APY
0.01%
Borrow APY
—
TVL
$300.2K
Supply APY
0.06%
Borrow APY
—
TVL
$275.8K
Supply APY
0.00%
Borrow APY
—
TVL
$264.3K
Supply APY
0.00%
Borrow APY
0.16%
TVL
$248.1K
Supply APY
0.82%
Borrow APY
2.66%
TVL
$212.8K
Supply APY
7.12%
Borrow APY
8.03%
TVL
$161.9K
Supply APY
40.70%
Borrow APY
50.47%
TVL
$159.8K
Supply APY
0.78%
Borrow APY
—
TVL
$144.8K
Supply APY
3.72%
Borrow APY
4.39%
TVL
$144.4K
Supply APY
0.10%
Borrow APY
—
TVL
$115.9K
Supply APY
0.12%
Borrow APY
—
TVL
$100.0K
Supply APY
0.52%
Borrow APY
—
TVL
$72.6K
Supply APY
5.09%
Borrow APY
5.68%
TVL
$59.3K
Supply APY
0.00%
Borrow APY
—
TVL
$50.6K
Supply APY
0.00%
Borrow APY
0.03%
TVL
$45.7K
Supply APY
0.00%
Borrow APY
—
TVL
$45.0K
Supply APY
10.12%
Borrow APY
10.83%
TVL
$41.1K
Supply APY
23.39%
Borrow APY
25.65%
TVL
$39.3K
Supply APY
0.00%
Borrow APY
—
TVL
$38.0K
Supply APY
0.06%
Borrow APY
0.96%
TVL
$23.9K
Supply APY
0.00%
Borrow APY
1.28%
TVL
$1.2K
Supply APY
9.96%
Borrow APY
10.70%
TVL
$816.70
Supply APY
0.03%
Borrow APY
0.06%
TVL
$147.74
Supply APY
297383.41%
Borrow APY
297455.38%
TVL
$111.55
Supply APY
0.00%
Borrow APY
0.03%
TVL
$60.71
Supply APY
0.00%
Borrow APY
0.03%
TVL
$57.85
Supply APY
0.52%
Borrow APY
2.98%
TVL
$54.12
Supply APY
297995.80%
Borrow APY
297995.80%
TVL
$29.52
Supply APY
0.17%
Borrow APY
4.90%
TVL
$28.53
Supply APY
297995.80%
Borrow APY
297995.80%
TVL
$14.13
Supply APY
38656.49%
Borrow APY
38843.41%
TVL
$8.29
Supply APY
0.02%
Borrow APY
0.05%
TVL
$6.58
Supply APY
275066.01%
Borrow APY
277648.94%
TVL
$6.02
Supply APY
59.34%
Borrow APY
86.17%
TVL
$5.93
Supply APY
0.00%
Borrow APY
0.03%
TVL
$5.58
Supply APY
0.00%
Borrow APY
0.27%
TVL
$5.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$4.52
Supply APY
0.16%
Borrow APY
13.93%
TVL
$3.51
Supply APY
0.00%
Borrow APY
0.30%
TVL
$1.85
Supply APY
14.26%
Borrow APY
44.26%
TVL
$1.72
Supply APY
0.00%
Borrow APY
13.34%
TVL
$1.49
Supply APY
0.00%
Borrow APY
0.03%
TVL
$1.43
Supply APY
1.26%
Borrow APY
1.39%
TVL
$1.14
Supply APY
0.49%
Borrow APY
0.60%
TVL
$1.11
Supply APY
3.66%
Borrow APY
4.07%
TVL
$1.08
Supply APY
4.10%
Borrow APY
4.56%
TVL
$1.04
Supply APY
3.67%
Borrow APY
4.08%
TVL
$1.02
Supply APY
5.71%
Borrow APY
6.29%
TVL
$1.01
Supply APY
0.00%
Borrow APY
0.08%
TVL
$1.01
Supply APY
0.06%
Borrow APY
0.08%
TVL
$1.01
Supply APY
5.51%
Borrow APY
6.07%
TVL
$1.00
Supply APY
0.07%
Borrow APY
0.09%
TVL
$1.00
Supply APY
3.66%
Borrow APY
4.07%
TVL
$1.00
Supply APY
4.89%
Borrow APY
5.40%
TVL
$1.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$1.00
Supply APY
1.61%
Borrow APY
1.78%
TVL
$1.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$1.00
Supply APY
0.00%
Borrow APY
13.34%
TVL
$0.96
Supply APY
0.00%
Borrow APY
0.05%
TVL
$0.93
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.12
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.11
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.03
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.01
Supply APY
0.10%
Borrow APY
0.21%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.77%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.26%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.26%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.26%
TVL
$0.00
Supply APY
0.83%
Borrow APY
1.17%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.15%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.00%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
41883.94%
Borrow APY
41883.94%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.00%
TVL
$0.00
Supply APY
4.01%
Borrow APY
4.46%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.34%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.03%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.27%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.00%
TVL
$0.00
Supply APY
0.00%
Borrow APY
0.00%
TVL
$0.00
Ethereum is the foundation of DeFi lending with the deepest liquidity pools and most established protocols.
Ethereum is the foundation of DeFi lending with the deepest liquidity pools and most established protocols. As the most decentralized smart contract platform, it provides the highest security guarantees backed by hundreds of thousands of validators. Gas fees on Ethereum are higher than Layer 2 alternatives, making it best suited for large positions where the cost per transaction is negligible relative to position size. All four tracked protocols — Aave V3, Spark, Compound V3, and Morpho Blue — deploy on Ethereum with their deepest liquidity here.