U.S. star Ledecky settles for silver as Australia's Titmus takes 400 freestyle gold

The Terminator knocked off Katie Ledecky at the Tokyo Olympics.

Australia's Ariarne Titmus chased down Ledecky to win one of the most anticipated races of the Summer Games, capturing the gold medal with the second-fastest time in history Monday.

Titmus, who trailed by nearly a full body-length at the halfway mark of the eight-lap race, turned on the speed to touch in 3 minutes, 56.69 seconds.

Ledecky was the defending Olympic champion and world-record holder. She settled for the silver this time in 3:57.36 — the fourth-fastest time ever recorded.

WATCH | Titmus surges past Ledecky for gold:

"I fought tooth and nail," Ledecky said. "She definitely swam a really smart race. She was really controlled up front. I felt pretty smooth and strong going out and flipped at the 300 and it was like, 'Oh, she's right there."'

And then she was gone.

For the first time in her brilliant Olympic career, Ledecky felt the sting of defeat, dished out by a rival from Down Under who made it clear she was not intimidated by the American star.

"It's surreal," Titmus said. "Crazy when you make this massive plan for something. It's probably the biggest thing you could pull off in your sporting career, so I'm over the moon."

No one else was even close. The bronze went to China's Li Bingjie in 4:01.08, while Canadian 14-year-old Summer McIntosh set a national record at 4:02.42 to finish just off the podium in fourth.

Then the spotlight shifted to American Caeleb Dressel, who has been hailed as the successor to Michael Phelps.

The U.S. won in 3:08.97, the third-fastest time in history. Italy took the silver in 3:10.11, with the bronze going to Australia in 3:10.22.

Apple climbed from the pool to an embrace from Dressel, who is set for a grueling schedule of three individual events and three relays in Tokyo.

One down, five to go in Dressel's quest for six gold medals.

WATCH | Caeleb Dressel keys American relay win:

Ledecky's disappointment was a downer for the Americans, who won six of 12 medals on Sunday but were shut out of the medals in the first two finals Monday.

Torri Huske and Michael Andrew just missed out with fourth-place finishes, then it was Ledecky settling for the second spot on the podium — a very unfamiliar place for perhaps the greatest women's freestyle swimmer in history.

Ledecky's 1st individual loss

Ledecky lost an individual Olympic final for the first time after winning the 800 free at the 2012 London Games, then capturing three more golds in the 200, 400 and 800 free at Rio de Janeiro five years ago.

"I knew it was going to be a battle to the end," Ledecky said. "I didn't feel like I died. She just had that faster 50 or 75. Can't get much better than that."

Titmus was every bit the Terminator at the end.

"Honestly, at the 200 I was a little bit worried," the Aussie said. "I knew she would be there. No one is going to come to the Olympics and catch a Katie Ledecky unprepared. I guess I just had to trust myself.

"I tried to stay as composed as I could and use the easy speed that I have. And to pull it off in the back end against someone who has an amazing second half of her race, I'm really proud of that. "

WATCH | Maggie Mac Neil wins Canada's 1st gold:

Ledecky will get another crack at Titmus in the 200 free, and the American is heavily favored to repeat in the 800 and add another gold in the 1,500 — a new event for the women at these games.

After racing each other right in the middle of the pool, the swimmers clasped hands when it was over.

They climbed out of the pool together, giving each other a hug.

"I just thanked her," Titmus said. "I wouldn't be here without her. She's set this standard for middle-distance freestyle. If I didn't have someone like her to chase I definitely wouldn't be swimming the way I am."

Perhaps the surest bet at the pool, Britain's Adam Peaty repeated as Olympic champion in the men's 100 breaststroke.

Peaty was the world-record holder and the first man to break both 58 and 57 seconds in his signature event. He posted the fifth-fastest time in history (57.37) to blow away the field.

Arno Kamminga of the Netherlands claimed the silver in 58.00, while the bronze went to Italy's Nicolo Martinenghi in 58.33. Andrew was next in 58.84.