Crypto Lending Falls 17% to $56 Billion: Is This Slide Healthier Than 2022?

Crypto-collateralized lending shrank by $11.33 billion during the second quarter of 2026, a 16.78% drop that left the market at $56.16 billion, according to Galaxy Research. The contraction extended a third consecutive quarterly decline for crypto lending. Galaxy framed the slide as an orderly unwind rather than forced selling. Every Crypto Lending Category Lost Ground