Loans, Not Lockups
Lending markets are ranked by how much money sits in them. We measured how much of it is out on loan. Of the $14.08B of money-market supply we can measure, a third sits in vaults that barely lend, and nearly all of that idle pile is staked ether, bitcoin tokens and other assets lending markets mainly use as collateral, not cash waiting for a borrower.
Philidor Research
Data as of July 12, 2026
