Cryptocurrency lending platform Nexo has processed over $30 billion in cumulative stablecoin inflows since its launch in 2018, marking a significant milestone for the crypto-backed loan sector. The platform's monthly volumes peaked above $2 billion during the high-demand market cycles of 2021 and 2022.
The achievement underscores a structural shift in how investors manage digital wealth, increasingly opting to use assets like Bitcoin and Ethereum as collateral for stablecoin loans rather than selling them. This model provides liquidity while allowing investors to maintain long-term positions. Nexo's integrated suite of services, including exchange functions and yield products, has made it a preferred platform for this activity.
Growth was notably fueled during the "DeFi summer" of 2020 and sustained through subsequent volatile periods. Even during the market cooldown in 2023, Nexo maintained steady usage, distinguishing itself from competitors that struggled or closed. A major market crash and liquidation event on October 10, 2025, further accelerated this trend, as investors migrated funds toward platforms with proven risk controls, leading to an increase in activity on Nexo.
Institutional players, including hedge funds and family offices, are a significant driver of these volumes, using the platform for arbitrage and liquidity management. This institutional interest is blurring the lines between traditional finance and crypto, cementing digital lending as a standard part of balance sheet management. The $30 billion milestone reflects growing trust in regulated, secure crypto financial services.