#OnChainLendingSurge

On-chain lending has seen a significant surge in recent years, driven by the rise of decentralized finance (DeFi) platforms. These platforms enable users to lend and borrow cryptocurrencies without intermediaries, using smart contracts to facilitate transactions. The appeal lies in faster access to capital, lower fees, and increased transparency. With over-collateralized loans being common, borrowers can secure loans by locking up crypto assets as collateral. This surge has been fueled by the growing adoption of blockchain technology, the demand for decentralized financial services, and the increasing interest in digital assets as alternative investments.