Ethereum Dominates On-Chain Lending With $28 Billion in Active Loans
Data from Token Terminal shows Ethereum’s active loans surpass other networks by a factor of ten, highlighting its leading role in blockchain-based lending markets.
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Terms & Concepts
On-chain lending: A decentralized finance (DeFi) process where loans are facilitated and recorded directly on a blockchain without intermediaries.
Token Terminal: A blockchain analytics platform providing financial and operational data on decentralized protocols and crypto networks.