According to the fixed-rate lending market report released by Castle Labs, the current active loan size in the DeFi lending market is approximately $28.5 billion, with almost all demand still coming from floating-rate loans. However, as institutional funds, recursive lending, RWA, and strategies like basis/carry continue to develop, the demand for fixed-term and fixed-rate financing is on the rise. Currently, the scale of major fixed-rate lending protocols remains relatively limited. Fira has about $430 million in active loans, but nearly all of it comes from the Usual Zero Rate market. Loopscale has around $55 million, TermMax about $30 million, and Morpho Midnight has reached about $2 million since its launch in July. https://(wublock123.com)/news/castle-labs-defi-loans-28-5b-floating-rate-demand-67552