Crypto Lending Statistics 2026: Market Size, Loans and Interest Rates

Crypto lending has grown back into a credit market worth tens of billions of dollars. It rebuilt after Celsius, BlockFi, Genesis and other large lenders failed during the 2022 crypto crisis. The industry looks different in 2026. Decentralized protocols such as Aave, Morpho and Spark now compete with centralized lenders such as Coinbase, Galaxy, Ledn and Nexo. This article uses data from Galaxy Research and DefiLlama. It covers market size, loan balances, protocol rankings, interest rates and the main risks.