Lending is one of the few current DeFi primitives that totally make sense in their current form.
(Oracles do as well; and maybe a few DEXes, though not most. And I'm sure some others I'm forgetting.)
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Great overview and research into the explosive growth of DeFi lending.
Summary:
- Year-to-date, dYdX, Compound and Aave have originated loans worth almost $30 billion.
- Outstanding loans of dYdX, Compound and Aave reached a new all-time high of about $2.1 billion on Nov 25. twitter.com/TheBlockRes/st…
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