On-chain lending protocols added $2.3 billion in TVL in the past 24 hours, with active loans rising by $700 million and lending tokens gaining 7.7% on average. Total TVL hit $42.69 billion, up 6% daily. Aave led with $562 million in new loans but saw a revenue drop. Euler followed with $30 million. Tokens like SYRUP (+15.2%), EUL (+11.6%), AAVE (+8.2%), and MORPHO (+7.2%) outperformed the market average.

Source: https://x.com/coinphoton/status/1914888259194302761