Active loan amounts have rebounded to their highest level since early 2022, which may indicate that DeFi is recovering again

Odaily News Crypto market analysis platform Token Terminal said in an article on July 31 that "DeFi is recovering again." Data shows that key indicators such as active loan amount and TVL have been rising since the recent lows in 2023, among which active loan amount has returned to its high since early 2022, at about $13.3 billion, which may mean that leverage is increasing, which is a "leading indicator of a bull market." (Cointelegraph)