*šŸš€ DeFi Lending Soars to 3-Year High! šŸ“ˆ*

DeFi's active loans have reached a new peak, surpassing $24B! šŸ’ø Confidence is back in the crypto market, and lending is on fire šŸ”„.

*šŸ“Š What's Driving Growth?*

Demand for stablecoin liquidity and DEX trading has nearly doubled borrowing rates in under a year šŸ“Š. Aave is dominating the scene, displacing Curve as the leader šŸ’Ŗ.

*šŸ’” Key Takeaways*

- Active loans have grown continuously since January 23, with no drawdowns šŸ“ˆ

- Ethereum supports DeFi lending, with $1B in liquidation positions šŸ’ø

- Aave leads with $16.9B in active loans and $24.99B in collaterals šŸ†

*🌟 New Players Emerging*

- Kamino Lend is making waves with $2B in collaterals and $1.5B in active loans 🌟

- Base ecosystem is growing, with over $1B in active loans šŸ“ˆ

*šŸ”® What's Next?*

DeFi lending is becoming a hallmark of this cycle. With new players like World Liberty Fi joining the scene, the lending landscape is getting more diverse 🌐

#btc