BlockDog
  • INTRODUCTION
  • BlockDog and Crypto Lending
    • State of Crypto Lending
    • BlockDog & Crypto Lending
    • Traditional Credit Score Models
    • BlockDog Custom Credit Score
    • Liquidation Predictions via Machine Learning
    • BlockDog APIs
    • BlockDog 360° Lender Risk Management
    • TEAM
  • SOCIALS
  • BOOK A DEMO
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  1. BlockDog and Crypto Lending

State of Crypto Lending

Current state of crypto lending.

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Last updated 2 years ago

TradFi to DeFi

Consumer lending in traditional finance is a $4T market, almost three times larger than the $1.5T institutional lending market, however, DeFi-powered under-collateralized consumer loans aren’t happening in DeFi yet. There are only that have interacted with a DeFi lender (Aave, Maker, Compound). Over-collateralized DeFi loans have fuelled exponential growth (350 new DeFi loans per day globally), but caters to a narrow customer segment, primarily traders. Mainstream borrowers represent a far greater market opportunity i.e. 197,000 new personal loans per day globally in Tradifi but they demand lower collateral requirements.

0.2% of Ethereum wallets