X @Token Terminal ๐
Token Terminal ๐ยท2026-01-25 12:57
Ethereum continues to be the dominant venue for onchain lending & borrowing, with a ~10x lead to runner-up networks.Active loans across lending platforms on @ethereum recently surpassed $28 billion, up ~10x from January 2023 lows.'Active loans' measures the value of assets currently borrowed and accruing interest. In contrast to 'deposits', it surfaces the networks where onchain lending platforms are (i) operating at scale, and (ii) producing sustained interest income.A chart & market sector to follow ๐๐ ...