On February 12th, Aave's leading position in the DeFi lending field seems to be facing fierce competition. According to data compiled by Token Terminal, Solana-based DeFi project Kamino has seen a 1,368% increase in net deposits since January 2024, while Morpho has seen a 214% increase in net deposits during the same period. At the same time, Aave's net deposit growth rate is around 213%.