About Lending Platforms Cryptocurrency loans can be borrowed from both centralized services such as BlockFi and decentralized credit protocols, the largest of which are Aave and Compound. Since this article is about DeFi, we will talk about the second type of platforms. A decentralized loan protocol (lending protocol) is a service that provides the ability to take cryptocurrency loans without the need to trust an intermediary, provide their funds for a loan and receive interest for it. Credit...