Outstanding DeFi Loans Top $100 Million as Crypto Goes Bullish2

As the cryptoeconomy seems to be entering its next bullish cycle, the outstanding volume of crypto-collateralized loans backed by the four most popular DeFi lending projects topped the $100 million USD mark for the first time.

Those projects — MakerDAO, Dharma, Compound, and dYdX — are all lending plays in the Ethereum ecosystem designed in idiosyncratic ways to create automated self-loan processes.

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