The infographic represents the volume of loans originated and repaid on Decentralized Lending Protocols in 2019 by months. Data is provided by loanscan.io
In November, almost $100 million of loans were originated through open finance (decentralized finance) protocols such as MakerDAO, Compound, and dYdX, down by more than 30% comparing to the November volume. Still December loans originated volume is ranked third in 2019 after November and July.
The repayments graph stands for the volume repaid back through the protocols. All the platforms experienced in December the second biggest repayment volume in 2019 as well.