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Ethereum DeFi Lending Platforms Print Record High of $25,000,000,000 in Total Value Locked

Ethereum DeFi Lending Platforms Print Record High of $25,000,000,000 in Total Value Locked Reported by dailyhodl.com “Market analytics toolkit Messari is reporting that the top Ethereum-based decentralized lending platforms have hit a massive milestone in the first quarter of 2021. Messari revealed the news in a tweet this week, highlighting the progress made by decentralized […]

By CJ Reichel · April 25, 2021
Ethereum DeFi Lending Platforms Print Record High of $25,000,000,000 in Total Value Locked

Ethereum DeFi Lending Platforms Print Record High of $25,000,000,000 in Total Value Locked

Reported by dailyhodl.com

“The lending sector went parabolic during the first quarter of 2021. DeFi’s most popular lending platforms reached $25 billion, the highest the sector has ever seen, including Aave, Compound, and MakerDAO.”

Source: Messari

The analytics platform also notes that the value of outstanding loans in the sector has also reached an all-time high with Compound, MakerDAO and Aave capturing the lion’s share of the market.”

Read the full story at dailyhodl.com