The on-chain lending market is witnessing remarkable growth, with the total value of active loans reaching 20 billion USD. This development reflects a significant improvement in liquidity, opening up new opportunities for the decentralized finance (DeFi) sector. Leading platforms like Aave, Compound, and MakerDAO continue to play a pioneering role, providing efficient borrowing and lending solutions based on blockchain technology, attracting both individual investors and large institutions.
Notably, the market capitalization of stablecoins has reached 200 billion USD, indicating a significant increase in the use of stable digital assets to support on-chain lending activities. This not only enhances liquidity but also drives outstanding innovations in the financial sector. As DeFi protocols continue to evolve, they keep providing advanced financial services, promising to expand the application scope of blockchain into new economic areas.
