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What is a decentralized money market and how does it work?

August 6, 2022 by DIGIT
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Decentralized money markets function without a custodian, allowing only the original user to withdraw funds deposited by lenders and borrowers.

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Categories borrowing, Lending, money markets
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  • bitcoinBitcoin(BTC)$105,503.001.46%
  • ethereumEthereum(ETH)$2,621.454.64%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.223.32%
  • binancecoinBNB(BNB)$663.841.43%
  • solanaSolana(SOL)$161.075.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1954982.92%
  • tronTRON(TRX)$0.2706281.16%
  • cardanoCardano(ADA)$0.692.81%
  • bitcoinBitcoin(BTC)$105,503.001.46%
  • ethereumEthereum(ETH)$2,621.454.64%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.223.32%
  • binancecoinBNB(BNB)$663.841.43%
  • solanaSolana(SOL)$161.075.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1954982.92%
  • tronTRON(TRX)$0.2706281.16%
  • cardanoCardano(ADA)$0.692.81%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$105,503.001.46%
  • ethereumEthereum(ETH)$2,621.454.64%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.223.32%
  • binancecoinBNB(BNB)$663.841.43%
  • solanaSolana(SOL)$161.075.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1954982.92%
  • tronTRON(TRX)$0.2706281.16%
  • cardanoCardano(ADA)$0.692.81%
  • bitcoinBitcoin(BTC)$105,503.001.46%
  • ethereumEthereum(ETH)$2,621.454.64%
  • tetherTether(USDT)$1.000.02%
  • rippleXRP(XRP)$2.223.32%
  • binancecoinBNB(BNB)$663.841.43%
  • solanaSolana(SOL)$161.075.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • dogecoinDogecoin(DOGE)$0.1954982.92%
  • tronTRON(TRX)$0.2706281.16%
  • cardanoCardano(ADA)$0.692.81%