#OnChainLendingSurge

If we are talking about on-chain lending, it is experiencing a significant surge, with the total value locked (TVL) increasing by 24% to $13.4 billion in the last month.

This growth is driven by:

* Increased adoption: More and more users are turning to on-chain lending platforms for their lending needs, driven by the benefits of transparency, security, and decentralization.

* Improved infrastructure: Advances in blockchain technology and the development of more sophisticated lending protocols have made on-chain lending more efficient, secure, and user-friendly.

* Yield farming: The rise of yield farming has attracted more liquidity to on-chain lending platforms as investors look to maximize their returns through lending and borrowing activities.