#OnChainLendingSurge

(My personal opinion is that borrowing is forbidden by Sharia and I do not recommend it)

The on-chain lending market is currently experiencing a major boom, and the total active loans in it have reached more than $20 billion, which is a new record. This type of lending relies on decentralized platforms such as Aave and Compound, which enable people to borrow and invest using digital currencies as collateral