DeFi Lending Market SHOCKED by Investor Exodus 📉
Data from CryptoQuant reveals a massive 69% drop in weekly stablecoin borrowing on Aave – plummeting from $6.2 billion to $1.9 billion since early August. This isn’t just a dip; it’s investors hitting the brakes on leverage as prices fall.
Interestingly, centralized lending platforms like Nexo are seeing *increased* demand, as investors choose loans over outright selling. Total debt on Aave still sits at a substantial $16.3 billion, suggesting the core DeFi lending market isn’t collapsing, but definitely feeling the pressure.
The overall DeFi TVL has mirrored the downturn, falling to $117.9 billion alongside a near 30% correction in $BTC. But, a silver lining? Experts predict 2026 will bring institutional money into DeFi, fueled by clearer rules and real-world use cases. 🚀
#DeFi #Crypto #Aave #Nexo 🐻