Goldfinch Wind-Down Exposes DeFi's Real-World Credit Pricing Flaw
Aave is bank-sized, but $2.9T in US corporate loans is the addressable market DeFi still can't underwrite without Goldfinch-style blowups.
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Aave is bank-sized, but $2.9T in US corporate loans is the addressable market DeFi still can't underwrite without Goldfinch-style blowups.
Prime never scaled beyond a narrow credit book, and the vote reflects a DeFi credit market that has thinned out rather than expanded since the 2021–2022 on-chain lending boom.