Have you ever heard about Grove Finance?


They are a top-10 DeFi TVL company on DefiLlama btw.
There is a reason for it.
The main thing they do is route stablecoin liquidity into:
– institutional credit strategies
– RWA products
– DeFi lending venues
– yield vaults
So they're not a "normal" lending app, they're actually a capital router for Sky/USDS liquidity.
Current TVL sits at ~$2.6B.
Most of it on Ethereum ($2.566B), with ~$68.86M on Base.
And BTW, they scaled stupidly fast.
Grove launched end of June 2025 with serious institutional allocations already in place. It hit $1.7B+ TVL by November.
Also, I saw their public app launched last month, in April. Now, the question I have is whether retail follows the same way institutions already did.
SKY0.41%
ETH-1.63%
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