Growing institutional demand driving surge in onchain loans for DeFi protocols.

From Cointelegraph

October 18, 2024 5:00 pm:

Institutional demand is fueling a surge in onchain loans across DeFi protocols. The latest data shows a sharp rise in borrowing activity on decentralized platforms, highlighting the growing interest from institutional investors in the crypto space. This trend is expected to continue as more traditional finance players enter the DeFi market.

Read more at Cointelegraph: Crypto Biz: Onchain lending ramps up, driven by institutional activity