defi

Bybit, currently the 3rd largest cryptocurrency exchange in the world, just pulled a very unexpected trigger. So, they are busily preparing to create interoperability between traditional centralized finance (CeFi) and DeFi. Bybit is working with Avalon to bring a custom onboarding experience. Providing users a yield-earning opportunity on Bitcoin in...

It’s a sea change for the cryptocurrency lending landscape. Decentralized finance (DeFi) platforms have officially taken the lead over centralized or CeFi platforms as the crypto market continues to come alive after the unprecedented bear phase. A recent report by Galaxy Digital highlights this divergence, revealing that while DeFi lending...

And to Sarah, a single mom juggling two jobs, it seemed like she’d finally caught a break. A crypto lending platform that touted guaranteed returns on her modest Bitcoin portfolio. But when the platform suddenly froze withdrawals, blaming it on “market volatility,” Sarah lost it all. Her story isn't unique....

Tether, Galaxy, and Ledn are the leaders in centralized finance (CeFi) crypto lending. Combined, they will collectively administer an astounding $9.9 billion in loans outstanding by the end of 2024. This measures up to almost 90% of the whole CeFi market. Decentralized finance (DeFi) platforms are quickly becoming one of...

Welcome back to the enormous crypto lending market, which is booming again after a spectacular recovery from recent, years-long bear markets. A dramatic change in market share is fueling this comeback. Centralized finance (CeFi) and decentralized finance (DeFi) platforms are battling it out on an increasingly crowded battlefield. The market...

We are entering a seismic shift to the wild west of crypto finance. DeFi lending platforms are disrupting this sector at a remarkable pace, directly competing with and often overtaking traditional CeFi (Centralized Finance) institutions. MetaBlock X explores the factors driving this revolution, comparing the advantages of DeFi's transparency and...

The numbers don't lie. In stark contrast, DeFi lending shot up to $19.1 billion in Q4 2024, nearly twice CeFi’s paltry $11 billion. As the centralized platform remains on life support, DeFi is continuing to prove its resilience. And you know what that tells me? The future of crypto isn't...

The numbers are in, and they're screaming: DeFi lending has exploded. $19.1 billion. Nearly double CeFi. And that’s not just a blip; it’s a seismic shift. Before we raise a toast and declare DeFi the future of crypto lending, hold your horses. It’s high time to bring reality back to...

In lending, decentralized finance (DeFi) lending platforms have overtaken decentralized finance (CeFi) platforms. By end of 2024, DeFi platforms will have at least 2x more in outstanding loans versus CeFi. In the Q4, open borrows on all DeFi protocols jumped to $19.1 billion. This remarkable number eclipsed the $11 billion...