According to @MilkRoadDaily, Aave is the largest DeFi application with total value locked of $36B and processed $365B in volume over the past 30 days; the source adds that Aave pioneered onchain lending, invented flash loans, and notes the protocol is still growing (source: @MilkRoadDaily).

According to RootDataLabs, MorphoLabs has been recognized as the number one hot project within the past 24 hours on RootData. The lending protocol has also successfully raised $50 million in a recent funding round. This significant financial backing could drive further development and attract more investors to MorphoLabs.