Why DeFi lending? Evidence from Aave V2

Why DeFi lending? Evidence from Aave V2

Report

Why DeFi lending? Evidence from Aave V2

(May 2024, revised April 2025)BIS Working Papers | No 1183 | 02 May 2024by Giulio Cornelli, Leonardo Gambacorta, Rodney Garratt and Alessio ReghezzaPDF full text (1,945kb) | 65 pagesSummaryFocusDecentralised finance (DeFi) lending protocols have experienced rapid growth, going from zero to more than $50 billion in total value locked in less than two years.

  • Use cases, geography and tags
  • Organizations that created, adopted or are mentioned
  • Ecosystem position
  • Link to the original asset
  • Comments and reactions