Total value locked in decentralized-finance lending protocols climbed to a record of roughly $55 billion, cementing the segment as the largest in DeFi, according to industry data compiled on 19 June. Market-tracking services said established platforms Aave, Maple Finance and Morpho account for the bulk of the assets, while newer entrants such as Origami and Bluefin recorded the fastest growth in borrowing over the past 30 days. The fresh high underscores renewed demand for on-chain credit products after last year’s market retrenchment and marks a milestone for an industry that is still navigating regulatory scrutiny and volatile crypto prices.