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Guavy AI Editorial Team••Sentiment: 4•Clout: 78

Solana's Active Lending Surpasses $21 Billion: A Turning Point for DeFi

AAVESOL

Solana's active lending has seen a significant surge, surpassing $21 billion in May 2026. This milestone marks a crucial turning point in the DeFi landscape, as more users opt for lower fees and faster transaction times.

The four leading protocols driving this growth are Kamino, MarginFi, Drift, and Save. Each protocol offers unique features that cater to specific user needs, from auto-rebalancing strategies to cross-collateralized lending.

While Aave still holds the top spot in terms of total value locked (TVL), Solana protocols have taken over in new loan origination rates. This shift is attributed to the combination of low fees, fast transaction times, and stablecoin-friendly UX.