2025-12-24 12:27:23

The DeFi lending market is experiencing a divergence. The lending scale of major lending protocols has significantly decreased after a decline, with user risk appetite clearly retreating. One leading lending platform's lending volume has shrunk by nearly 70% since August, reflecting market caution amid volatility.

Interestingly, the data trend of another lending platform is completely different. During the same market downturn phase, its weekly lending scale has more than doubled month-over-month, indicating significant differences in user groups and risk preferences across platforms.

This behind-the-scenes shift reveals subtle changes in user strategies: rather than rushing to sell assets to cut losses, many users prefer to use their crypto assets as collateral, borrowing to maintain their positions. This approach not only avoids the risk of selling at market bottoms but also preserves flexibility for subsequent rebounds. The market is undergoing a shift from passive selling to active borrowing.

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governance_lurker

· 5h ago

Hmm... That's why I stick to fixed assets. Lending is the real way to go. Using collateral is indeed a clever approach, much better than those brothers who cut losses by selling off. Wait, which platform is that one that has more than doubled in growth? I need to check how the liquidity is. Is the disparity in lending so severe? Feels like there's something fishy. It's just betting on a rebound. The stubborn ones play like that. Those who have shrunk by 70% are really panicking, haha. That change in mindset is well said. Finally, someone understands.

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SerumSquirter

· 8h ago

This wave of divergence actually shows who is truly holding coins and who is relying on luck... One company drops 70%, and I just laugh, a typical panic seller. Wait, another one doubles in value? That must be players with real cash bottoming out, smart money is all about borrowing to maintain positions, I get it. Using collateral to borrow coins is indeed a brilliant move, neither cutting losses nor losing the chance to turn things around, a hundred times more rational than dumping the market directly. Market human nature, after all, still depends on clever people to drive it.

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FOMOSapien

· 8h ago

Now the player segmentation is really intense. Some panic and directly cut their positions, while others borrow and hold tightly. Whether it's betting on a rebound or a suicidal move depends on what happens next.

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