DeFi Loans Surge to New High of $23.7B: Market Trends Indicate Optimism

Recent data reveals a significant milestone in the DeFi lending market, with total value locked (TVL) approaching pre-tariff levels. As active DeFi loans reached an unprecedented $23.723 billion on May 21, 2025, analysts point to increased market confidence and robust lending conditions. Notably, platforms like Aave and Compound have been key drivers of this surge, highlighting a notable expansion of $8.5 billion since April 2025. While TVL remains slightly below pre-tariff indicators, the increase in active loans signifies a positive outlook for continued growth in the DeFi ecosystem.