Galaxy’s Q2 2026 report shows crypto deleveraging without a 2022-style collapse. Crypto-backed lending fell 16.8% to $56.2B, while DeFi loans dropped 27.6%.
It also covers CeFi’s renewed lead, stablecoin borrowing rates, concentrated $ETH leverage on Aave, corporate debt and futures positioning.
A sharp snapshot of crypto credit. Check out the full report from Galaxy Research.
It also covers CeFi’s renewed lead, stablecoin borrowing rates, concentrated $ETH leverage on Aave, corporate debt and futures positioning.
A sharp snapshot of crypto credit. Check out the full report from Galaxy Research.
