We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: DeFi Lending Platforms Continue To Attract Capital In 2022
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
DeFi Lending Platforms Continue To Attract Capital In 2022
The Tycoon Herald > Money > DeFi Lending Platforms Continue To Attract Capital In 2022
Money

DeFi Lending Platforms Continue To Attract Capital In 2022

Tycoon Herald
By Tycoon Herald 3 Min Read
Share
SHARE

DeFi protocols continue to attract capital despite softening crypto prices.

getty

Crypto-markets have begun 2022 with a softening of prices. However, that weakness has not been felt by decentralized finance (DeFi) lending platforms, which continue to attract large deposits of capital. Analyzing data from Dune Analytics on the top 3 platforms, ~$40 billion of total value locked (TVL), i.e. deposits which can be used to either lend out or as collateral to borrow.

Deposits into lending protocols holds around $40 billion.

https://dune.xyz/hagaetc/lending

Additionally, per Dune Analytics, loan demand has held steady as well; hovering around $20 billion, at the time of writing.

DeFi loans outstanding has held near $20 billion despite market weakness.

https://dune.xyz/hagaetc/lending

The 3 aforementioned lending protocols are the largest by market cap and TVL. However, they are not the only players in town; especially as you leave the Ethereum ecosystem.

LUNA is the native token of the Terra blockchain network, which is also the collateral asset used to mint UST, Terra’s native stable coin. UST and LUNA exploded in 2021 in terms of both price and utilization, which has been aided by Anchor protocol. Anchor is a Terra-native savings platform where users can acquire higher than average deposit rates. These deposits can then be lent out to borrowers.

Since 2021, Anchor has seen its deposits and loans swell to ~$5.3 billion and $2 billion, respectively. The previous figures don’t account for an additional $5.7 billion of UST being used as collateral; bringing Anchor’s current TVL to a whopping $11 billion.

MORE FOR YOU

Anchor’s UST stable coin deposits have swelled since 2021.

https://app.anchorprotocol.com/

Circling back to the Ethereum ecosystem, Abracadabra Money is a new lending protocol that offers users the ability to borrow on the “long tail” of assets they own. Furthermore, the protocol has implemented a yield optimizing strategy, Degenbox, that creates a circular feedback loop in order to juice returns.

The above has enabled Abracadabra’s TVL and outstanding loans to skyrocket to $6 billion and $3 billion, respectively, in a short period of time.

Abracadabra Money’s TVL has increased parabolically since September 2021.

http://dashboard.abracadabra.money/

One possible explanation for the consistent growth in DeFi deposits is that the market weakness is driving both retail and institutional investors out of “risky” assets and into “safer” yield-generating assets.

It is too early to validate the above hypothesis, but the coming months will surely provide additional insight.

You Might Also Like

10 Tricks to Reside Frugally After Retirement – Dollarsanity

Tips on how to Price range Your Money Utilizing Dave Ramsey’s Budgeting Percentages – Dollarsanity

How To Make A Funds: 12 Simple Methods To Do It (The Full Information) – Dollarsanity

10 Outdated-Normal Cleansing Suggestions from Grandma – Dollarsanity

Wedding ceremony On A Funds: Get $30K-Like Wedding ceremony For $5K or Much less – Dollarsanity

TAGGED:MoneyThe Forbes Journal
Share This Article
Facebook Twitter Email Copy Link Print
Yungblud Pays Tribute to Ozzy Osbourne in Live performance
Entertainment

Yungblud Pays Tribute to Ozzy Osbourne in Live performance

Yungblud Ozzy Will By no means Die!!! Printed August 24, 2025 2:05 PM PDT Play video content material TMZ.com Yungblud's first live performance in america because the loss of life…

By Tycoon Herald 2 Min Read
Cops Investigating Quinton ‘Rampage’ Jackson’s Son Raja’s Brutal Beatdown
August 24, 2025
Emma Raducanu: British No 1 reveals new coach Francisco Roig helps her ‘not be a perfectionist’ forward of US Open second spherical
August 24, 2025
Sofia Richie Grainge Scorching Photographs To Slay Her twenty seventh Bday!
August 24, 2025
Beau Greaves wins ninth straight title and 58th consecutive match in Ladies’s Collection after doubling up once more in Milton Keynes
August 24, 2025

You Might Also Like

80 Issues I Stopped Shopping for to Save Money Quick and Pay Off Debt – Dollarsanity
Money

80 Issues I Stopped Shopping for to Save Money Quick and Pay Off Debt – Dollarsanity

By Tycoon Herald 38 Min Read
50 Small Business Concepts For Ladies – Dollarsanity
Money

50 Small Business Concepts For Ladies – Dollarsanity

By Tycoon Herald 35 Min Read
80 Timeless Frugal Residing Suggestions That Nonetheless Work At present – Dollarsanity
Money

80 Timeless Frugal Residing Suggestions That Nonetheless Work At present – Dollarsanity

By Tycoon Herald 18 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
World

Pakistan says India fired missiles at 3 air bases. Pakistani retaliation underway

Pakistani law enforcement officials take away automobiles and other people from the principle entry of Nur…

By Tycoon Herald
Entertainment

Pedro Pascal’s Transgender Sister Upstages Him at ‘Gladiator II’ Premiere

Pedro Pascal could be the star of the brand new 'Gladiator' flick, however all eyes had…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?