Galaxy Research: The outstanding borrowing scale of CeFi reached $17.78 billion, a month-on-month increase of 14.66%

ChainCatcher news, according to a disclosure by unfolded, as of June 30, Galaxy Research tracking shows that the outstanding borrowing scale of centralized finance (CeFi) reached $17.78 billion. This scale increased by 14.66% (i.e., $2.27 billion) compared to the previous quarter; compared to the bear market low of $7.18 billion in the fourth quarter of 2023, it has increased by $10.59 billion, a growth rate of 147.5%.

Based on the amount of outstanding loans, Tether, Nexo, and Galaxy are the top three lenders.