#OnChainLendingSurge

The crypto lending market has undergone a big shift since its peak in 2021 as what we have witnessed in Celsius, Blockfi, Genesis, etc. Back in 2021, undercollateralized loans and questionable collateral were commonplace. myself have done a lot of crypto lending. But those days are gone. With major centralized lenders like Celsius, Blockfi, and Genesis out of the picture, what remains is a reshaped space.

With Bitcoin halving year and crypto price surging, we are seeing another surge in the on chain crypto lending. It is a signal of crypto growth and confidence in the crypto market.