CeFi’s $17.8B Comeback: Is It Really Safe?
Centralised crypto lending (CeFi), once thought to be dead after the 2022 meltdown, is quietly regaining ground. According to Galaxy Research, active CeFi loans totalled $17.78 billion in Q2 2025, accounting for roughly 40% of the global crypto credit market. That marks a 14.66% quarter-over-quarter rise, suggesting that institutional and
