#OnChainLendingSurge

OnChainLendingSurge

Key indicators of the surge:

Active loans: Recent data shows that active on-chain loans have exceeded $20 billion, reaching levels comparable to the peak recorded in December 2021.

Binance

Total value locked (TVL): TVL in DeFi lending protocols has surpassed $50 billion, marking a significant recovery and growth in the DeFi sector.

Cryptopolitan

Stablecoin market cap: The total stablecoin market cap has reached a record high, surpassing $200 billion. This growth is driven by investors seeking higher returns available in DeFi lending platforms compared to traditional finance