On-chain lending protocols let users deposit assets to earn yield and borrow against collateral, with rates set by supply and demand. This dashboard tracks deposits, outstanding loans, and fees across DeFi lending markets, the credit layer of decentralized finance.
Rates float with utilization. When more of a pool is borrowed, borrow and deposit rates rise, and when utilization falls, rates fall. No committee sets them.
Positions are overcollateralized, and when collateral value drops below a threshold the position is liquidated automatically, which protects depositors.
