#OnChainLendingSurge

I heard On-chain lending has surged to record highs, with over $20 billion in active loans

This growth is a significant milestone for the DeFi ecosystem, indicating increased adoption and confidence in decentralized lending protocols.

Several factors are contributing to this surge:

Increased Adoption More users are turning to on-chain lending platforms, driven by the desire for decentralized, trustless, and permissionless financial services.

*Improved Infrastructure*: Advances in blockchain technology, smart contract development, and user interface design have made on-chain lending more accessible and user-friendly.

I don't understand why on chain lending grows when the market is low,

foes people like to borrow money and buy when market is low