Crypto Lending Protocols See 42.3% YTD Decline in Active Loans to $20.4B

AAVE0.97%
MORPHO-1.79%
SPK-1.62%
Gate News message, active loans across major crypto lending protocols have decreased 42.3% year-to-date, dropping from $35.3B to $20.4B. Despite the widespread deleveraging, the market maintains levels above $20B. Top lending protocols by active loans include Aave at $9.5B (46.5%), Morpho at $3.5B (17.1%), and Spark at $1.6B (7.8%).
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