Get the latest crypto lending news, borrowing markets, yield platforms, credit risk, and the return of on-chain and centralized loans.
Despite its platform being launched in just 2020, Aave (AAVE) outgrew its established competitor Compound (COMP) and multiplied its market cap eightfold within half a year.
Crypto lending has become one of DeFi's most promising use applications, ushering in an influx of dozens of platforms, tools, apps and participants all claiming to revolutionize how tokens are loaned and borrowed.
On October 4, DeFi protocol Aave witnessed a breakneck launch on the Avalanche blockchain.
Anchor was launched on the Terra blockchain in March and quickly grew into a third yield farming protocol.
Amber Group's CEO revealed the company's appetites for expanding its presence in the US.
The only two lending protocols with higher TVLs than Anchor are Aave and Compound with $14 billion and $11 billion in TVL, respectively.
The US SEC has warned Coinbase it intends to sue the company over a new lending product that is yet to launch, but gave no feedback and explanation why.
The American Bankers Association has released a new report in which it advises its members to partner with crypto firms due to the profitability of the space.
Popularity of yield farming is on the rise, but institutional investors have yet to fully take advantage.
