DeFi Lending Faces Stress as Defaults Climb
Borrower failures reveal fragility in undercollateralized markets. Cracks in the System Decentralized finance promised a future of open, permissionless lending where borrowers and lenders could connect without intermediaries. In 2025, that promise is being tested as defaults climb across several lending platforms. Rising borrower failures are exposing weaknesses in undercollateralized and experimental loan structures, raising […]