#OnChainLendingSurge Record Highs: On-chain lending has surpassed $20 billion in active loans, marking a significant increase and breaking previous records.

Innovative Strategies: Platforms like Aave and Ether.fi are leading the charge, with Aave's V3 protocol nearing $6 billion in loans. Ether.fi's eETH and Ethena's USDe have also seen substantial growth.