The state of DeFi Lending:



High TVL/FDV and Borrows/FDV → Good.
Low TVL/FDV and Borrows/FDV → Overvalued.

Greenest zone: @zerolendxyz, @Kinetic_Markets, Kava Lend, @SiloFinance, @TectonicFi.

JustLend is interesting: Huge TVL but no one borrows.

For complex products like @fraxfinance, low numbers are fine as there are multiple products contributing to the FDV.
DEFI11.67%
KAVA-0.26%
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Hoang86vip
· 07-27 12:26
What kind of thing is this, mixing with the ginger?
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