
Decentralized Finance (DeFi) has made substantial strides in the cryptocurrency sector, now accounting for 60% of all crypto lending. This shift comes in response to the void created by the crypto banking crisis of 2022. Notably, Arbitrum has emerged as a key platform for liquidity, attracting developers and projects aiming to build significant applications. Additionally, DeFi is recognized as the top 0.1% of blockspace, with a strong association to the Ethereum blockchain, indicating its foundational role in the evolving landscape of digital finance.
DeFi is the top 0.1% of blockspace and will live on Ethereum. https://t.co/67WodNBP9e
DeFi is now the majority of the crypto lending market. Don't be evil => can't be evil https://t.co/KsM54o7VKh
DeFi now comprises 60% of all crypto lending. Incredible progress filling in the void left by the crypto banking crisis in 2022. https://t.co/JCsq1Iw67T https://t.co/NVjh8LttB0

