The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made an over 900% recovery from bear market lows.
data-ct-non-breakable=”null” href=”https://cointelegraph.com/learn/articles/traditional-lending-vs-crypto-lending” rel=”null” target=”null” text=”null” title=”null”>Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat loan, while lenders can loan their holdings to generate interest.
The crypto lending market is down over $43%, from its all-time high of $64.4 billion in 2021 to a total of $36.5 billion at the end of the fourth quarter of 2024, according to a Galaxy Digital research data-ct-non-breakable=”null” href=”https://www.galaxy.com/insights/research/the-state-of-crypto-lending/” rel=”null” target=”null” text=”null”…
