Aave shows that the ETH borrowing APR has surged by up to 3.45 times, currently reaching 5.33%. This significant increase indicates heightened borrowing costs on the platform, reflecting market volatility and changing lending conditions.

AAVE-0,62%
ETH-0,26%

Odaily Planet Daily reports that according to on-chain analyst Ai Yi, after the sale of 636,000 ETH by Yilihua, Aave’s ETH borrowing APR has increased by 3.45 times since yesterday (2.13% > 7.35%), currently at 5.33%. The current ETH supply on Aave is 3.09 million (81.34% of the total supply cap), of which 2.92 million have been borrowed, with a borrowing ratio of 80.99%.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments