If you're seeking DeFi exposure, watch fees.

Top 10 lending protocols by 30d fees:
1/ Aave: $93.1M (+47.2%)
2/ Morpho: $11.3M (-16.7%)
3/ Maple Finance: $9.9M (+44.5%)
4/ Euler: $4.8M (-24.0%)
5/ Fluid: $4.9M (+2.8%)
6/ Spark: $4.0M (+0.3%)
7/ Venus: $3.3M (+95.4%)
8/ Jupiter Lend: $1.2M (+4.5%)
9/ Compound: $2.2M (-37.4%)
10/ Silo Finance: $542.6K (+25.3%)
The sector is doing $28.8B in active loans right now.
Down 22% from peak but fees are up 29.7% MoM.