Crypto: Digital Asset Lending Hits $61.7B, Surpassing 2021 Highs
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 24 2025
Crypto Market Growth: The total crypto loans have reached a record of over $61.76 billion, with CeFi loans at $17.78 billion and DeFi loans at $26.47 billion, indicating significant growth in the market.
CeFi Recovery: Centralized finance (CeFi) is experiencing a strong comeback due to competitive rates and improved risk management, surpassing previous records from 2021.
DeFi Concerns: While DeFi loans have surged by 42.11%, the number of active users has decreased by 27%, raising concerns about the sustainability of this growth driven by incentive-based strategies like looping.
Hidden Leverage: Digital Asset Treasury Companies (DATCO) and crypto ETFs are contributing to hidden leverage in the market, with substantial debts that are not fully accounted for in the overall loan volumes.
About the author
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Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
