DeFi Lending Skyrocket in Q3, Crushing CeFi: Galaxy Reports
Amidst incentives, stronger collateral, and rising prices, DeFi lending surged in Q3, capturing a record 55.7% market share during the quarter. DeFi lending reached a new record in the third quarter, according to a new report from Galaxy Digital’s research team, which found that the dollar-denominated value of outstanding loans on decentralized finance (DeFi)
