Liquidium records busiest weekend as deposits and borrowing reach new highs

Liquidium has reported its busiest weekend on record, with 91 successful deposit and borrowing actions alongside new all-time highs in supplied liquidity and outstanding borrows.

The platform said $6.20 million in liquidity was supplied over the weekend, marking a new all-time high. Outstanding borrows also reached a record $1.73 million.

Liquidium reported that 53,100 ICP had been deposited since Saturday, adding to activity across its lending and borrowing services.

The figures point to increased activity on the platform, with users supplying liquidity and borrowing against assets rather than selling them.

Liquidium describes its service as a DeFi platform designed to provide lending and borrowing with a streamlined user experience.

The latest figures were presented by Liquidium as a weekend activity update, and the announcement did not provide further details on the number of individual users, the assets involved in the transactions or how the figures compare with previous weekends beyond the reported records.