DeFi Lending Market Breaks Through $13 Billion, Where Did Your Crypto Assets Go?
If we look back two years, few would have predicted such massive growth in the DeFi market. In 2019, DeFi's total locked value was only 2 million USD, but now it has exceeded $65 billion, achieving a 10,000-fold increase; In 2021, the decentralized finance industry witnessed explosive growth from NFT, with people discovering that DeFi's relevance to real-world use cases is increasing. Besides NFT, there is another use case in the crypto world that "perfectly matches" traditional markets: financial lending.