Decentralized finance (DeFi) protocol 0xFluid reported a period of significant expansion in July, achieving all-time highs in Total Value Locked (TVL) and active loans. According to a recent tweet by Satyam Singh, the protocol's TVL reached an impressive $3 billion, while active loans climbed to $1.4 billion. This robust growth underscores 0xFluid's increasing prominence within the competitive DeFi landscape.
The reported statistics highlight substantial month-over-month increases for the protocol. From its June figures, 0xFluid's TVL grew by 42% from $2.11 billion to $3 billion. Active loans saw an even larger surge, rising 54% from $907 million to $1.4 billion. Notably, fees generated by the protocol experienced a dramatic 347% increase, climbing from $101.41 thousand to $454 thousand, with revenue also soaring by 340% to $82.5 thousand.
0xFluid, developed by Instadapp, operates as an evolving DeFi protocol that integrates money market functionalities with a decentralized exchange (DEX) through a unique Liquidity Layer. It aims to offer superior capital efficiency and security, drawing inspiration from leading protocols such as Uniswap, Aave, Compound, MakerDAO, and Curve. The protocol is recognized for its competitive parameters, including a notably low 0.1% liquidation penalty, positioning it as an efficient alternative in the lending space.
The bulk of 0xFluid's volume, approximately 95%, originates from the Ethereum mainnet, reflecting its strong foundation on the network. However, the protocol is also experiencing considerable growth on Arbitrum, where it has already secured a decent market share. This multi-chain strategy is crucial as the DeFi lending market continues its expansion, with the overall TVL in crypto lending protocols surpassing $56 billion in June 2025.
Looking ahead, Satyam Singh's tweet also highlighted significant potential for 0xFluid to expand its footprint on emerging Layer 2 networks like Base and Polygon. These networks are critical for scaling Ethereum and reducing transaction costs, making them fertile ground for DeFi growth. The protocol's ability to capture market share on these chains could further accelerate its trajectory and solidify its position as a key player in the evolving decentralized finance ecosystem.