Which platforms were most affected in the pullback?
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Q: Which DeFi lending protocols saw the largest declines?
A: According to Artemis:Aave: $27.6B drop
Spark: $5.4B drop
Euler: $2.6B drop
Fluid: $2.4B drop
Compound: $2.0B drop
Together, these five platforms account for roughly $40 billion of the $45B decline. Experts cite a structural reset in the sector, driven by falling collateral values and unwinding of leveraged positions.