brypto

DeFi now comprises more than 60% of crypto lending - first time ever that defi is a larger % of crypto lending instead of CeFi

Great report by @zackpokorny from Galaxy 

The report dives deep into DeFi and other types of lending, mechanics, use cases, and much more

Stay Curious // iixii // Lazer Technologies // Prev: CoinDesk, Roc Nation // based @basedevo

Twitter thread from @thorn with more highlights from the report

Twitter thread from @thorn with more highlights from the report

https://x.com/intangiblecoins/status/1911839609371414976

Great report by @zackpokorny from Galaxy 

The report dives deep into DeFi and other types of lending, mechanics, use cases, and much more

https://www.galaxy.com/insights/research/the-state-of-crypto-lending/

Yeah because all the dedicated cefi platforms went tits up

I would say, this is a positive report 
More liquidity to the decentralized apps

My casts are immutable, but my opinions might get a soft fork.

Followed by @woj.eth 🎖️

Defi lending has been less risky than Cefi bc it's generally been more transparent and functioned like it should it times of stress or volatility

So you’re telling me the riskiest part of crypto just became the biggest?

I wonder the numbers for trading !! 

When DeFi > CeFi, that's the golden cross I'm looking forward to.