These three platforms make up 48% of crypto's entire TVL.
@LidoFinance,
@aave, and
@Morpho has a combined TVL of around $34.3 billion at time of writing.
$LDO $14.883B
$AAVE $12.703B
$MORPHO $6.691B
With the entire industry's TVL standing at only $71.527B, these three platforms alone account for some 47.922% of the entire crypto market.
Is it good to have such a large concentration across so few platforms...?