Quote from: tranthidung on Today at 11:06:46 AM

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Quote from: SuperStone on Today at 10:38:28 AM

These loans are typically facilitated through peer-to-peer lending platforms or decentralized finance (DeFi) protocols.

Both sides will have to rely on the DeFi operators and they can lose their coins if the DeFi platform collapses or scam exits.

I don't think so, there is not proof that these centralized exchanges guaranteed that the funds of their users are being used on DeFi platforms.
Some of them for sure are being used for their own benefits which could lead to the risk of their customers' funds. They must be transparent here. So always advisable is to use decentralized platform that using these centralized.