Galaxy Research: crypto lending via DeFi apps and centralized providers grew ~3x YoY to $36.8B in the first nine months of 2024; DeFi lender apps handled ~$31B (Bloomberg)



Bloomberg:

Galaxy Research: crypto lending via DeFi apps and centralized providers grew ~3x YoY to $36.8B in the first nine months of 2024; DeFi lender apps handled ~$31B  —  – Market rally, increased leverage are driving the demand  — Decentralized finance applications leading the way this time



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