DeFi Lending Surpasses $73 Billion in Q3 2025 as CeFi Struggles to Recover

iconForklog
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
DeFi lending hit $73.59 billion in Q3 2025, showing strong market performance. Aave and Morpho led the growth. CeFi platforms like Nexo and Tether remain 34.3% below 2022 highs. DeFi now holds 66.9% of the crypto lending market, up from 48.6% in 2021. Market cap shifts reflect user trust in decentralized systems after major CeFi collapses.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.