The post Ethereum Leads Onchain Lending With $28B Active Up appeared on BitcoinEthereumNews.com.

Ethereum dominates onchain lending with over $28B in active loans, maintaining nearly a 10x lead over the next largest blockchain network. Ethereum continues to lead the onchain lending and borrowing market by a wide margin. Data shows active loans on Ethereum-based platforms have exceeded $28 billion. This level places Ethereum far ahead of competing blockchain networks in lending activity. Ethereum Holds the Largest Share of Active Onchain Loans Ethereum accounts for the highest value of active loans across major onchain lending platforms. Active loans represent borrowed assets that accrue interest over time. This metric reflects real borrowing demand rather than idle capital. Recent data shows active loans on Ethereum surpassed $28 billion. This figure is nearly ten times higher than runner up networks. The gap shows Ethereum’s continued dominance in lending scale. Ethereum continues to be the dominant venue for onchain lending & borrowing, with a ~10x lead to runner-up networks. Active loans across lending platforms on @ethereum recently surpassed $28 billion, up ~10x from January 2023 lows. ‘Active loans’ measures the value of assets… pic.twitter.com/pKlLLVQSOW — Token Terminal 📊 (@tokenterminal) January 25, 2026 Lending platforms on Ethereum operate with deep liquidity. Borrowers can access large positions without major slippage. This attracts sustained borrowing activity across market cycles. Active Loans Reflect Real Usage Over Deposits Active loans differ from deposit figures often reported by platforms. Deposits include supplied assets that may not be borrowed. Active loans track capital currently in use. This measure shows where lending platforms generate interest income. Ethereum leads because more capital is actively borrowed. This supports continuous protocol activity. Borrowers prefer Ethereum due to liquidity depth and asset variety. Stablecoins and major crypto assets are widely available. This supports consistent lending demand. Active loan growth also signals protocol reliability. Users return to platforms that function smoothly.…

---

Filed under: News - @ January 27, 2026 12:20 am