Has the crypto credit storm settled?
While crypto lending data is scarce, Nexo’s daily customer liability attestations indicate that the crypto credit storm has settled, with users again returning to the lending market.
Aug 30th 2022
Source: Nexo, Armanino, WebArchive (Wayback Machine)
Armanino’s daily attestations of Nexo may be used as a proxy for the underlying global trend and usage of centralized crypto lending platforms.