ChainCatcher news, according to Unfolded disclosure, as of June 30, Galaxy Research tracking shows that the scale of outstanding loans in centralized finance (CeFi) reached $17.78 billion. This scale has increased by 14.66% (or $2.27 billion) compared to the previous quarter; compared to the bear market low of $7.18 billion in the fourth quarter of 2023, it has increased by $10.59 billion, an increase of 147.5%.
Based on outstanding loan amounts, Tether, Nexo, and Galaxy are the top three lenders.