DeFi Lending Is Surging Past DEXs — You Won’t Believe Who’s Winning the Yield Game!
Just now, the DeFi lending protocols preside over the land, their treasure chests brimming with $53.6 billion. That’s 43% of the $124.6 billion secured within all DeFi. Picture the pile: gold coins spilling out of imaginary smart contract vaults, and not a dragon in sight. This sum, by some inexplicable twist of fate, even bests liquid staking, which—like my Aunt Vera’s jam—once promised much, but now only clings desperately to the edges of the table.