DeFi· ★★★★· bullish·

Lido to launch Lido Lend, a security-first lending protocol for institutions on Morpho Blue

  • —Lido Lend is set to go live this quarter, with no specific timeline given
  • —The protocol is built on Morpho Blue and targets professional and institutional borrowers
  • —Only stETH and WETH will be accepted as collateral
  • —On-chain lending TVL is $55B with $31B in active loans; Aave holds 68% market share
Why it matters: Lido's entry into lending intensifies competition with Aave and Morpho and could reshape the $55B on-chain credit market.
#LDO#ETH
Source: Cryptonews.net
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