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Q3 crypto lending reached a record high of $73.60 billion, a nearly threefold increase from the beginning of 2024

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2025-11-07 02:08:39
According to Bloomberg, citing Galaxy Digital data, crypto lending totaled $73.60 billion in Q3 2025, a record high, surpassing the previous record of $69.40 billion in Q4 2021.
The figure is up nearly threefold from the start of 2024, reflecting a recovery in the industry driven by ETF approvals and policy easing. But with BTC's recent correction of more than 20%, the market has raised concerns about a new round of risks caused by the borrowing boom.
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