**DeFi Revival: Key Metrics Show Promising Growth**

Decentralized finance (DeFi) is making a comeback, with active loans and total value locked (TVL) on the rise. Token Terminal reports that DeFi is "waking up again," highlighting active loans reaching $13.3 billion, levels not seen since early 2022. This is a significant recovery from the $3.1 billion low in January 2023.

DeFi lending, a crucial metric for market health, peaked at $22.2 billion during the 2021 crypto bull run. TVL also saw a massive recovery, jumping from $37 billion in October 2023 to $96.5 billion now, according to DefiLlama.

Despite this growth, many DeFi tokens like Aave (AAVE), Curve Finance (CRV), and Uniswap (UNI) are still down over 80% from their all-time highs. However, experts like Taiki Maeda from Humble Farmer Academy believe we are entering a "DeFi renaissance," with platforms like Aave poised to outperform due to strategic moves and increased stablecoin supply.

Stay tuned as DeFi continues to evolve and potentially lead the next crypto bull market.