The DeFi lending platform will continue to attract investment in 2022.

Despite the low value of the cryptocurrency market in early 2022, decentralized financial lending (DeFi) platforms continued to attract significant investment. According to an analysis of Dune Analytics' three major platforms, Aave, Compound, and MakerDAO, total closures (TVL) stand at around $ 40 billion, which represents deposits that can be used to become a commodity to borrow or to. to lend. Meanwhile, loan applications also remained stable, hovering around $ 20 billion, according to Dune Analytics.

While the three loan portfolios mentioned above are largely driven by the cap and TVL markets, they are not the only players outside of the market, especially the Ethereum ecosystem.

LUNA is the historic symbol of the Terra blockchain network and the legacy used to establish UST, resident of Terra. With the help of the Anchor Protocol, UST and LUNA will explode in value and utility by 2021. Anchor is Terra's traditional platform that allows users to get the most out of their money between depositing and depositing as they can. lend to borrowers.

Since 2021, Anchor's deposits and loans have increased to $ 5.3 billion and $ 2 billion, respectively, and an additional $ 5.7 billion in UST commercial use, Anchor TVL is now $ 11 billion. dollars.

Returning to the Ethereum ecosystem, Abracadabra Money is a new lending system that allows borrowers to lend to their “Long Tail” assets. The process also uses Degenbox, an optimization strategy that creates a feedback loop to improve results.

As a result, Abracadabra's TVL and bond loans increased to $ 6 billion and $ 3 billion, respectively, in the short term.

One possible explanation for the continued growth of DeFi deposits is that a weak economy pushes retailers and businesses from “risky” assets to “safe havens”.

It is too early to measure the above assumptions, but more information may be obtained in the months to come.