From TokenPost · · 40s
Crypto Lending Drops $11.33 Billion in Q2
DeFi lending falls 28% as crypto collateralized loans drop $11.33 billion.
In brief
DeFi lending falls 28% as crypto collateralized loans drop $11.33 billion. Crypto-collateralized lending fell $11.33 billion in Q2, with DeFi balances dropping 28% and CeFi loans remaining ahead for the first time since Q3 2023. Originally reported by TokenPost.
Crypto Lending Drops $11.33 Billion
Crypto-collateralized lending stood at $56.16 billion at Q2's end, down $11.33 billion from Q1.
DeFi Lending Falls 28%
DeFi-app balances dropped 27.61% to $20.43 billion, while CeFi loans fell 9.62% to $22.98 billion.
CeFi Leads for First Time Since Q3 2023
CeFi loans finished $2.55 billion above DeFi, marking the first time CeFi has led since Q3 2023.
The key point
Crypto-collateralized lending fell $11.33 billion in Q2, with DeFi balances dropping 28% and CeFi loans remaining ahead for the first time since Q3 2023.
