Crypto Borrowing Activity Rebounds Modestly as Leverage Rebuilds Cautiously

Crypto borrowing is beginning to recover not as a renewed risk cycle, but as a gradual re-engagement with leverage following the late-2025 market correction. According to a CryptoQuant report, stablecoin borrowing activity on Aave v3 bottomed in December 2025 and has since ticked higher in early 2026. source: https://www.ethnews.com/crypto-borrowing-activity-rebounds-modestly-as-leverage-rebuilds-cautiously/