#OnChainLendingSurge
On-Chain Lending Surge
On-chain lending has seen a significant surge in recent weeks, with:
- *Total Value Locked (TVL)*: Increasing by 25% to $45 billion
- *Lending Volume*: Rising by 50% to $10 billion
- *Borrowing Rates*: Remaining relatively stable, with average rates ranging from 5-15% APY