
The decentralized finance (DeFi) lending platform Liquidium has reported a significant increase in its lending activities, coinciding with Bitcoin's recent surge past $100,000. On December 7, 2024, Liquidium recorded 21 Bitcoin (BTC) in daily loans, marking the highest volume in four months. The lending volume was primarily driven by Runes, which accounted for 12 BTC, while Ordinals contributed 9 BTC. Overall, Liquidium has facilitated over 63,000 loans, totaling 3,378 BTC. This spike in activity reflects a broader trend in the cryptocurrency market, where leverage has increased by $17 billion since January 2023, and on-chain lending and borrowing approaches all-time highs with approximately $20 billion in outstanding borrows.
Onchain lending & borrowing is also near all-time highs at ~$20 billion in outstanding borrows. https://t.co/nDZgk2iawY https://t.co/le5rhtH3jZ
ICYMI: Leverage in crypto has increased by $17 billion since January '23. https://t.co/dAQK0rkeyE
Hyperliquid reached a new all-time high in open interest of >$3.5B. https://t.co/e0W1mUG8LC


