#OnChainLendingSurge Crypto loans are fast, straightforward, and have a very simple approval process. You deposit crypto as collateral and borrow against it, with no questions or KYC/AML.

These loans are typically overcollateralized with large-cap cryptos like BTC or ETH, or stablecoins like USDT, USDC, or DAI.

This allows you to access the liquidity of your crypto portfolio without having to sell it, and potentially benefit from the appreciation of the token price over the life of the loan. There are a number of platforms, both centralized and decentralized, that serve this thriving market, including:

Aave

Equilibrist

Compound

Nexo

Salt

Linger