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The active loan amount has rebounded to its highest point since the beginning of 2022, which may indicate that DeFi is recovering again

The active loan amount has rebounded to its highest point since the beginning of 2022, which may indicate that DeFi is recovering again

Bitget2024/08/01 06:15

In an article on July 31, the crypto market analysis platform Token Terminal stated that "DeFi is reviving again". Data shows that key indicators such as active loan amounts and TVL have been rising since their recent lows in 2023. The active loan amount has returned to its peak since early 2022, about $13.3 billion, which may mean leverage is increasing. This is a "leading indicator of a bull market."

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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