#OnChainLendingSurge
The on-chain lending market has reached unprecedented levels, with active loans surpassing $20 billion, breaking the previous record set in December 2021
This surge is attributed to several factors:
Increased Adoption of DeFi Protocols Platforms like Aave, Compound, and MakerDAO are attracting both retail and institutional investors, drawn by competitive yields and flexible loan structures.This has to be good news for crypto.