Ethereum continues to lead the onchain lending sector, boasting approximately $28 billion in active loans, according to data from Token Terminal. This figure is nearly ten times greater than any other blockchain network, underscoring Ethereum's dominance in decentralized finance (DeFi) lending markets. The substantial lead highlights Ethereum's robust infrastructure and widespread adoption in the DeFi space.
Ethereum Dominates Onchain Lending with $28 Billion in Active Loans
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