According to Defipulse, Lending is holding a Total Value Locked amounting to $ 3.59 billion. So decentralized lending platforms still have a trend in the future?
What factors do you get involved in a lending project?
The competition of lending platforms will about the interest that will be offered by any platforms. As you can see that if there are so many new lending platforms will be coming very soon too.
That means the trend of lending platform in the defi service will continue.
Look at how compound is still working with a lot of volume on it.
More and more defi projects are also adding the lending service too.