Ethereum’s active loans reached an all-time high of about 22.6 billion to 24 billion USD, a significant recovery since April. Aave remains the major contributor to this surge, with smaller platforms also gaining traction.
In June, the Ethereum ecosystem saw an influx of roughly 2 billion USD in new loans, indicating ongoing strength in DeFi lending as July approaches, despite market fluctuations.
Currently, lending on Ethereum locks in over 35.29 billion USD in collateral, emphasizing its dominance in the DeFi sector. Despite volatility in ETH pricing, lending activities are resilient, with effective risk management in place.
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