๐จ ๐๐ฐ๐๐ถ๐๐ฒ ๐๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐ผ๐ป ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐ฆ๐๐ฟ๐ด๐ฒ๐ ๐๐ผ $๐ฏ๐ฌ๐
Active loans across lending protocols on Ethereum have now hit $30 billion, marking a huge jump of about $27 billion since January 2023.
This rise shows how fast on-chain lending and internet-scale capital markets are growing โ with more users and institutions tapping into DeFi to borrow, lend, and earn.
โ Why it matters: It highlights renewed confidence and activity in Ethereumโs DeFi space, as lending demand surges alongside the broader crypto market recovery.
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