As per @Cointelegraph, onchain leverage has reached an all-time high through lending protocols, surpassing the previous peak recorded in December 2021. This development highlights the growing use of decentralized finance (DeFi) platforms for leveraging digital assets. The increase in onchain leverage indicates a significant shift in the cryptocurrency market dynamics, reflecting heightened investor activity and confidence in DeFi solutions.
Onchain Leverage Reaches New Peak in January 2025
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