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What is a decentralized money market and how does it work?

August 6, 2022 by DIGIT
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Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers.

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Categories borrowing, Lending, money markets
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  • bitcoinBitcoin(BTC)$89,321.00-3.41%
  • ethereumEthereum(ETH)$3,023.89-3.75%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.73%
  • binancecoinBNB(BNB)$881.07-2.27%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.56%
  • tronTRON(TRX)$0.2863100.43%
  • staked-etherLido Staked Ether(STETH)$3,024.47-3.72%
  • dogecoinDogecoin(DOGE)$0.138277-6.83%
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  • bitcoinBitcoin(BTC)$89,321.00-3.41%
  • ethereumEthereum(ETH)$3,023.89-3.75%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-3.73%
  • binancecoinBNB(BNB)$881.07-2.27%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.46-5.56%
  • tronTRON(TRX)$0.2863100.43%
  • staked-etherLido Staked Ether(STETH)$3,024.47-3.72%
  • dogecoinDogecoin(DOGE)$0.138277-6.83%