š DeFi TVL Smashes $116B Barrier as Lending Sector Stages Explosive Comeback
DeFi just flexed its muscles againātotal value locked (TVL) surged past $116 billion, with lending protocols leading the charge. The sleeping giant woke up hungry.
Lending's Lazarus moment
After months of sideways action, money flooded back into DeFi lending platforms like a dam breaking. Borrowing demand spiked as traders chased yields and leveraged positionsāold habits die hard in crypto.
The institutional FOMO factor
Whispers of traditional finance players dipping toes into DeFi pools grew louder as rates became too juicy to ignore. Never mind that most still can't explain how smart contracts work.
Bullish on-chain metrics don't lie
Transaction volumes and unique addresses interacting with lending protocols hit multi-month highs. The smart money's positioningāretail will follow once Coinbase pushes notifications.
DeFi summer 2.0? Try 'DeFi doesn't care about seasons'
The ecosystem keeps growing while Wall Street bankers still debate whether to buy Bitcoin. Your move, Jamie Dimon.