It's day 646 of my Farcaster journey! I have joined Farcaster on Jul 02 2023 20:27 UTC My 2nd Farcaster birthday is in 85 days How about you? Frame by @nikolaii.eth ๐
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DeFi lending protocols consistently hold 15-20% of the total value locked (TVL), indicating their steady demand even during market downturns. This shows that DeFi lending is a fundamental and relatively resilient segment to market fluctuations. Even in bearish conditions, the demand for lending remains stable, which could be due to the ongoing need for liquidity and profit-making opportunities in the space.
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