The rise of Decentralized Lending Protocols in 2019

The infographic represents the volume of loans originated and repaid on Decentralized Lending Protocols in 2019 by months. Data is provided by https://loanscan.io/

In November, over $131 million of loans were originated through open finance (decentralized finance) protocols such as MakerDAO, Compound, and dYdX, up more than 600% comparing to the December volume.

The repayments graph stands for the volume repaid back through the protocols. All the platforms experienced the biggest repayment volume in November as well.

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