#OnChainLendingSurge
Cryptocurrency hedge funds have posted hefty gains so far this year, benefiting from the surge in transactions that allow lenders and borrowers to transact without banks, as well as a steady rise in the bitcoin price.
A crypto hedge fund index launched in September 2018 by crypto fund of funds Vision Hill Group showed a return of 126% in 2020.
Non-crypto hedge fund sectors tracked by another data group, BarclayHedge, were also in positive territory, but up a modest 1.70% through September