Ethereum-based decentralized lending protocols have reached a new milestone, boasting $22.8 billion in active loans as of [Date]. This surge, reported by Token Terminal, signifies the growing confidence and utility within the DeFi ecosystem. The total loan volume across these protocols has been steadily increasing since April, reflecting a renewed interest in borrowing and lending digital assets. Key players driving this growth include Aave, Spark, Morpho, Maple, Fluid, Euler, Compound, Goldfinch, Curve, Gearbox, and Silo Finance. These platforms offer various lending and borrowing options, attracting a diverse range of users seeking to leverage their ETH holdings. This all-time high underscores the potential of decentralized finance and Ethereum's central role in its expansion. ```

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