A new report from Galaxy Digital shows the crypto lending market is still far from its 2021 peak, but decentralized platforms ...

A report from Galaxy, which builds crypto lending platforms, shows borrowers are trusting decentralized players after a ...

Tether, Galaxy and Ledn now dominate the centralized crypto lending market, accounting for 90% of CeFi loans. The crypto ...

Stablecoin issuer Tether is the largest centralized finance lender (CeFi) in the digital asset space, according to new ...

Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.

The crypto lending market has plunged from its bull market peak and has fallen 43% from its all-time high to $36.5 billion in Q4 2024.

Crypto lending sees growth as CeFi loans rise 73%, but DeFi platforms lead recovery with a 959% increase in open borrows by Q4 2024.

The landscape of cryptocurrency lending has undergone a dramatic transformation since its zenith, marked by a sharp contraction in centralized finance (CeFi) platforms alongside a vigorous resurgence ...

The size of the crypto lending market has fallen by over 43% from its 2021 high of $64.4 billion, dropping to $36.5 billion by the end of the fourth quarter of 2024.

Source: Galaxy Research The decline in the crypto lending market started in 2022 when centralized finance (CeFi) lenders Genesis, Celsius Network, BlockFi and Voyager filed for bankruptcy within ...