Golden Finance reported that the CEOs of Abra and Arch, who are active in the field of crypto lending, said that while CeFi lending is decreasing, DeFi lending is surging. Driven by protocols such as Aave v3 and Spark v1, lending protocol TVL has reached new highs. Aave v3: Aave v3 led the recovery with TVL increasing from $16.5 billion to $27 billion between November 5 and December 5. Its success stems from features such as cross-chain functionality and improved capital efficiency, making it a dominant player in the DeFi lending space. Spark v1: This protocol has also seen significant growth, with its TVL nearly doubling from $4.5 billion to $8 billion over the same period.