August 8, 2022, 1:27PM EDT
• 10 min read
Quick Take
- The borrowing and lending space in DeFi has been dominated by over-collateralized lending, but under-collateralized lending has been gaining traction over the past year.
- Maple Finance and TrueFi are currently the largest protocols in the space in terms of lender deposits and loans originated.
- Various protocols are being built to set the foundations of how under-collateralized loans are executed so that the sector can continue to expand from a position of strength.
Source: https://www.theblockresearch.com/a-look-at-under-collateralized-lending-protocols-160217?utm_source=rss&utm_medium=rss