Crypto Lending Hits $73.59B in Q3 2025 as $17B Liquidation Event Strikes Market
Crypto lending volumes surged 38.5% in Q3 2025 to $73.59 billion, according to Galaxy. A market crash on October 10, 2025 triggered over $17 billion in futures liquidations, the largest single-day event on record. Bitcoin declined 18.26% over the 90-day period, with futures open interest peaking at $220.37 billion in early October.