In 2021, the cryptocurrency lending market saw major growth driven by centralized platforms like BlockFi, Celsius, and Nexo, alongside decentralized protocols like Aave and Compound. While offering high yields, this period saw intense regulatory scrutiny and significant, subsequent collapses in 2022 for several high-profile providers. For a detailed review, you can search for a 2021 crypto lending platforms guide.
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In 2021, the cryptocurrency lending market saw major growth driven by centralized platforms like BlockFi, Celsius, and Nexo, alongside decentralized protocols like Aave and Compound. While offering high yields, this period saw intense regulatory scrutiny and significant, subsequent collapses in 2022 for several high-profile providers. For a detailed review, you can search for a 2021 crypto lending platforms guide.