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Chain lending agreements top $20 billion in active loans

Chain lending agreements top $20 billion in active loans

Bitget2025/01/07 17:12

The total active loan volume in the on-chain lending market recently reached an all-time high, surpassing $20 billion, with the previous record high occurring in December 2021, according to Token Terminal data.

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$247 million liquidated across the entire network in the past 12 hours, mainly short positions.

A certain whale deposited $4 million USDC into HyperLiquid to avoid liquidation of their ETH short position, with total losses reaching $26 million.

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