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DEFI Yield Lending Share of Total Ethereum Outstanding Debt

DeFi

Each lending protocol's share of the total outstanding borrowed debt across all lending protocols on Ethereum, expressed as a percentage Shown here for Spark.

Why it matters

To see which lending protocol dominates borrowing activity within the Ethereum lending market.

How it is built

Dividing each protocol's outstanding USD debt on Ethereum by the combined outstanding USD debt of all tracked Ethereum lending protocols.

What to watch

A protocol with a rising debt share is winning borrower trust and market dominance, often reflecting more competitive rates or deeper liquidity.

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