DeFi Lending is no longer the largest crypto sector. Instead, liquid staking has replaced it

Decentralized lending & borrowing have now been surpassed by liquid staking, which rewards users while preserving their liquidity.

By European hours on Monday, $14.1 billion had been deposited in liquid stake protocols, making it the second-largest crypto market sector.

Decentralized exchanges had the largest deposits of $19.4 billion, while DeFi's lending and borrowing protocols held $13.7 billion.

Liquid staking is the best-performing crypto sector this year, with growth in total value locked (TVL) approaching 60%.

As Liquid staking is high in demand, should you consider starting your own crypto exchange? Well, yes! Get in touch with a leading crypto exchange development company now!

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