1/ DEEP DIVE: Lending remains one of the most significant sectors of DeFi, despite the ongoing liquidity crunch.
On-chain money markets are now ~$50B in TVL, with ~$30B in active loans. In 2025, levels were at ~2x the 2021 peak.
Source: @DefiLlama

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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