Apollo's chief Marc Rowan just dropped a hot take: all that panic about the private credit market? Way overdone.
While everyone's been sounding alarms about risk buildup in private lending, Rowan's pushing back hard. The narrative around private credit implosion might be more hype than reality.
Interesting timing though—as traditional finance grapples with credit concerns, DeFi protocols are quietly eating their lunch with transparent, on-chain lending. Makes you wonder if legacy players are projecting their own anxiety onto a market that's actually more resilient than they admit.
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MEVHunter
· 14h ago
Traditional finance is comforting itself again, saying the risks aren’t that big... LOL, I’ve seen this rhetoric in the mempool way too many times. Real opportunities always lie in the spread, not in these management press releases. On-chain data from DeFi is the only real truth; the rest is just noise.
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ShadowStaker
· 12-03 10:39
rowan's doing the usual legacy cope move ngl. dudes always talk their own book when their model's under pressure. on-chain lending transparency tho? that's the real stress test they can't spin away.
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SoliditySlayer
· 12-03 10:39
Ha, Rowan's comments this time are trying to whitewash private messages, huh? Does he really think we're all just suckers?
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PessimisticOracle
· 12-03 10:38
Hmm... what Rowan said sounds pretty familiar. The big shots always say there's nothing wrong with themselves.
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GameFiCritic
· 12-03 10:32
To put it bluntly, isn’t this crisis narrative in traditional finance just a way to pass the buck... On the DeFi side, transparency is right there on-chain, so even if the data leverage and incentive structures are poorly designed, everything is still clear as day. In contrast, private credit still suffers from the old problem of information asymmetry. Take what Rowan says with a grain of salt—the real key is to see how low the actual default rate can get.
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TaxEvader
· 12-03 10:24
Rowan is passing the buck again, but private credit isn’t that fragile... really?
Traditional finance is panicking like crazy, and now they’re blaming DeFi for stealing their business? What a joke.
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AirdropAutomaton
· 12-03 10:12
Ha, is Rowan really backing private credit or is he just not able to hold on anymore...
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Traditional finance is just comforting itself over there, DeFi has been transparent on-chain for ages.
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If private credit really blew up, they would have been in trouble already. Why are they still making noise?
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To put it bluntly, the legacy players are panicking and just passing their anxiety onto the market.
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When it comes to on-chain lending, these old-school financial institutions really have no competitive edge...
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Credit risk? I think the real risk is information asymmetry.
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Yet another round of the "boy who cried wolf" story. Heard it so many times, it's getting old.
Apollo's chief Marc Rowan just dropped a hot take: all that panic about the private credit market? Way overdone.
While everyone's been sounding alarms about risk buildup in private lending, Rowan's pushing back hard. The narrative around private credit implosion might be more hype than reality.
Interesting timing though—as traditional finance grapples with credit concerns, DeFi protocols are quietly eating their lunch with transparent, on-chain lending. Makes you wonder if legacy players are projecting their own anxiety onto a market that's actually more resilient than they admit.