Lending in DeFi closely parallels lending in traditional financial markets, with the key difference being the decentralized nature of the platform replacing centralized institutions such as banks. Users interact with protocols like Aave to borrow and lend specific assets at applicable borrowing and lending rates. Without a centralized authority to approve participation, the barrier to entry is significantly lower and more equitable. Access requires only a compatible wallet and connection to the protocol.Amberdata provides comprehensive data for all supported lending protocols, including borrow and lend rates, total value locked (TVL), protocol names and versions, borrow stable rates (where applicable), and other relevant parameters. Current coverage includes major lending platforms such as Aave (v1, v2, and v3), Compound, and others, with ongoing additions of new protocols.
DeFi Lending data supports various use cases including historical research, monitoring the current borrowing and lending conditions within protocols or specific pools, backtesting trading strategies, and more.
