Express

Total Borrowing in the Decentralized Mortgage Market Hit an All-time High of $3 Billion

Amy Liu

Summary: According to the data from DeBank, the total borrowing volume of the current decentralized mortgage lending market has reached an all-time high of $3 billion. The decentralized lending market is a network system based on smart contracts, where cryptocurrency holders can lend their on-chain assets to others for profit. At present, based on the total ...

According to the data from DeBank, the total borrowing volume of the current decentralized mortgage lending market has reached an all-time high of $3 billion. The decentralized lending market is a network system based on smart contracts, where cryptocurrency holders can lend their on-chain assets to others for profit. At present, based on the total amount of loans, the top five mortgage lending platforms are: Compound, Maker, Aave, Cream and ForTube Bank V2.

By Amy Liu

Last Update:

Tags: ,,
Link: Total Borrowing in the Decentralized Mortgage Market Hit an All-time High of $3 Billion   [Copy]
Next:

Related Articles

  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 13 hours ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 4 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 8 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 9 days ago

    • You need to login to comment.