DeFi Lending Surges to Three-Year High Amidst Market Confidence

The decentralized finance (DeFi) sector is experiencing a resurgence, with active lending reaching a three-year high. This growth reflects the increased confidence in the crypto market and suggests a healthy recovery from the downturn of 2022. Over $24 billion in active loans indicates a return to robust borrowing activity driven by demand for stablecoin liquidity and decentralized exchange trading.