Affinity for Avalanche

Now at $4.21B, Aave V3 stands as the No. 1 ranking DeFi protocol in TVL terms on Avalanche, according to DeFiLlama. Despite the near-50% drop, Aave’s V2 on the chain ranks second at the $2.65B mark. 

Benqi , another lending protocol native to Avalanche, sits in third on the blockchain in TVL terms at $1.61B.