📊 Q2 2025 On-Chain Lending & Leverage Boom 💥

Crypto markets just saw a massive surge in borrowing & lending:

🔹 On-chain borrowing: $26.5B (+42% QoQ)

🔹 CeFi lending: $17.78B

🔹 DeFi lending: $26.47B (with Ethereum >78% share)

This shows strong confidence in DeFi’s comeback while CeFi platforms remain relevant. 🚀

Do you think this rising leverage is bullish momentum or a risk of overheating? 🤔