After 2022’s Bust, Scars Are Healing In Crypto Lending

In 2022, the crypto be fitting market had collapsed after a series of devastating events including the fall of LUNA/UST, the insolvency of Three Arrows Brill, and the FTX bankruptcy. Many key lenders that provided a substantial share of the lending market’s volumes were forced to intense their doors after this period including BlockFi, Celsius, Voyager, and Genesis. However, one of the few silver linings be in print out of this period was that it exposed the many issues that existed within the market structure and provided a blueprint for how to build a healthier ecosystem in the next rotate.