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$25B crypto lending market now led by ‘transparent’ players: Galaxy

December 1, 2025 by DIGIT
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$25B crypto lending market now led by ‘transparent’ players: Galaxy

CeFi lending markets reached $25 billion in Q3, its highest level in over three years, and the market looked very different then, says Galaxy’s Alex Thorn.

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  • bitcoinBitcoin(BTC)$88,850.00-3.70%
  • ethereumEthereum(ETH)$3,029.09-4.27%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.04-4.42%
  • binancecoinBNB(BNB)$881.75-2.62%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.36-7.13%
  • tronTRON(TRX)$0.2846590.40%
  • staked-etherLido Staked Ether(STETH)$3,033.60-4.29%
  • dogecoinDogecoin(DOGE)$0.139041-6.79%