DeFi Outperforms CeFi in Crypto Lending’s Recovery
Published:
2025-04-15 05:48:41
According to a recent report by Galaxy Digital, DeFi has outperformed CeFi in the crypto lending market’s recovery from the post-bear
market collapse. Major CeFi players like Celsius, Genesis, and BlockFi crumbled, leaving investors reeling and trust battered. Despite a 73% rise in outstanding CeFi borrows from bear market lows to $11.2 billion in Q4 2024, the CeFi market remains significantly below its previous highs due to the lack of full recovery after the 2022 bear market and the collapse of major lenders and borrowers.
By:
|Square
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