With the ETH price flying and supervisors that are open to decentralized finances (Defi), onchain lending and loan markets make high all time at the same time, making the $ 100 billion threshold today.
The Onchain credit market reached the milestone of $ 100 billion this week, according to Tokententerminal, with a lion part of the market, with $ 63.4 billion or 63.4%of the total TVL.
Morpho and Spark are neck and neck for the second largest with $ 8 billion and $ 7.6 billion respectively.
Defi Lending Total TVL – tokenminal
The credit space has exploded over the past two months and has risen 49% of $ 66.8 billion since the beginning of July. The movement coincides with the parabolic movement of ETH. ETH has risen by 90% from $ 2,470 to $ 4,700 in the same time frame and indicates that a substantial part of Defi Lending TVL is expressed in ETH.
As a result, Ethereum Defi -Tokens have performed well over the past two months, with an increase of 25%, LDO an increase of 114%and SPK by 155%since 1 July.
Morpho has seen a large increase in Bothvl and the total generated reimbursements. The protocol registered its fourth highest reimbursement-generating week ever between 4 and 10 August, with $ 3.98 million, an increase of 135% compared to its local low of $ 1.48 million at the beginning of May.
The loan and loan protocol has been one of the fastest-growing Defi platforms in the past year, and the recent increase in reimbursement can be partially attributed to the success of its integration on the HyperevM.
Onchain Lending Market and collateral debt position (CDP) Protocol, Felix, uses Morpho HyperevM -Kluizen on the backend of his Felix -Vanillemarkten. The Morpho-driven market announced that it was exceeded $ 550 million in deposits on 11 August.
Users can use Felix -vanilla, and therefore Morpho to suppress their kinetiq hyp postures and borrow Stablecoins. Felix also has a revolving point program that may encourage its use.
Morpho – Costs – Defillama
