Crypto lending vault deposits hit $10B as collateral risks mount
- —Vault deposits grew from $4B to over $10B in under a year
- —Typical strategies yield 3–10%, riskier vaults up to 20%
- —Collateral can include illiquid tokens and tokenized private credit
- —SEC and EU are weighing oversight of DeFi access intermediaries
Why it matters: Vaults are becoming a major channel for institutional money into DeFi, and a liquidation cascade in illiquid collateral could hit the broader market.
Source: 動區 BlockTempo