#OnChainLendingSurge

The on-chain crypto lending market has recently experienced significant growth, reaching record highs in active loans. Data from Token Terminal indicates that total active loans have surpassed $22.85 billion, reflecting a resurgence in decentralized finance (DeFi) lending protocols.

This surge is closely linked to the increasing market capitalization of stablecoins, which has exceeded $200 billion—a 13% rise over the past month. Investors are channeling funds into DeFi platforms to capitalize on higher yields, with stablecoin borrowing and lending rates reaching annualized figures of 10-20% on platforms like Aave and Compound.