DeFi Is “Waking Up Again” – Active Loans Return To 2022 Levels | ZeroHedge
Authored by Martin Young via CoinTelegraph.com,
Decentralized finance (DeFi) may be experiencing a revival, with key metrics such as active loans and total value locked (TVL) on the rise since their more recent lows in 2023.
Crypto market analytics platform Token Terminal proclaimed that “DeFi is waking up again” in a July 31 post on X.
It backed up this claim with charts and statistics, one of which was for active loans, which have returned to levels not seen since (more…)