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by: xpoolPosted on: April 15, 2025

Crypto Lending Market Plummets 43%, Hit by CeFi Crash & DeFi’s Resilience

The crypto lending market experienced a significant decline in the fourth quarter of 2024, falling to just $36.5 billion, down over 40% from its peak in late 2021. This drop is largely attributed to the collapse of centralized finance (CeFi) lenders and the resulting shortage of liquidity in the market.

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