Crypto-Backed Lending Surges Across Exchanges and DeFi

[cryptoenthusiast]

Onchain lending protocols. Source: DefiLlama

Crypto-collateralized lending is gaining renewed momentum across centralized exchanges, decentralized finance platforms, and even traditional financial institutions. Coinbase recently expanded its loan product, allowing eligible US users to borrow up to $100,000 in USDC against digital assets such as XRP, Dogecoin, Cardano, and Litecoin without liquidating holdings.

Meanwhile, DeFi lending protocols collectively hold nearly $52 billion in total value locked, with roughly $30 billion actively borrowed. Aave leads the sector with close to $27 billion in TVL, followed by Morpho. Institutional players are also entering the space, with Apollo Global Management recently partnering with Morpho to support blockchain-based lending infrastructure, signaling growing confidence in crypto-backed credit markets.

[chainsniff]

52 billion tvl and we’re all pretending liquidation cascades are folklore

[tradelikepro]

cool so i can use my xrp as collateral but will coinbase notify me when i'm 30 seconds away from a margin call?