
Several decentralized finance (DeFi) protocols have recently achieved notable growth in total value locked (TVL) and expanded their offerings on major blockchain networks. Echelon Market, operating on the Aptos blockchain, saw its TVL increase by more than 50% in April. Avant, a DeFi protocol on Avalanche (AVAX), has scaled to $43 million in TVL, providing strong yield opportunities on dollar-pegged assets. Euler Finance, which integrated with Avalanche last month, reached a new network high of $63 million in TVL, positioning Avalanche as the second largest blockchain supported by Euler after Ethereum. This growth may indicate a rising trend in real-world asset (RWA) lending on Avalanche. Meanwhile, Pendle Finance’s eUSDe principal tokens (PTs) have been integrated as collateral on Aave, a leading DeFi lending platform. Within 24 hours of launch, over $170 million worth of eUSDe PTs were supplied on Aave, prompting an increase in the supply cap from $150 million to $250 million. The PT tokens offer some of the highest fixed-rate yield opportunities in DeFi, with an 8% fixed annual percentage yield (APY) and a 91% loan-to-value ratio in e-mode. The upcoming sUSDe July PT is set to be onboarded shortly. Additionally, Aave’s USDC supply APR has increased by 6%, and the GHO stablecoin supply reached an all-time high of $220 million. On the Aptos network, over 1.2 million APT tokens have been staked with a 7.25% APY and a 5% commission rate. These developments underscore growing institutional interest and liquidity in DeFi protocols across multiple blockchains.
Over 1.2M APT already staked with us. 7.25% APY. 5% commission. 0% drama. https://t.co/xSEjQV12Z1
Less than 24 hours since launch and over 170M PT eUSDe supplied, testament that Aave facilitates highest demand and trust 🫡 https://t.co/YBZWyEo0Tg
Billions coming into Aave. https://t.co/LXttJ7hTR4






