🚀 DeFi is back, baby! After a rough patch, decentralized finance is showing signs of life. Token Terminal reports active loans have surged to $13.3B, levels unseen since early 2022. 📈

- DeFi lending lets investors earn interest by lending out crypto.

- Active loans peaked at $22.2B in 2021 but dropped to $3.1B in Jan 2023.

- Now, they're bouncing back, hinting at a potential bull market.

Total Value Locked (TVL) in DeFi has also rebounded, hitting $96.5B from a low of $37B in 2023. Could we be entering a "DeFi renaissance"? Stay tuned!