BTC $77,627.67 -2.53%
ETH $2,438.87 -1.93%
BNB $690.17 -2.67%
XRP $1.38 -2.96%
SOL $103.73 -2.94%
TRX $0.3403 +0.47%
DOGE $0.0850 -2.93%
ADA $0.2009 -4.27%
BCH $246.49 -6.82%
LINK $11.35 -3.37%
HYPE $81.75 -1.66%
AAVE $120.90 -4.10%
SUI $0.7389 -2.68%
XLM $0.1779 -3.35%
ZEC $800.45 +1.67%
BTC $77,627.67 -2.53%
ETH $2,438.87 -1.93%
BNB $690.17 -2.67%
XRP $1.38 -2.96%
SOL $103.73 -2.94%
TRX $0.3403 +0.47%
DOGE $0.0850 -2.93%
ADA $0.2009 -4.27%
BCH $246.49 -6.82%
LINK $11.35 -3.37%
HYPE $81.75 -1.66%
AAVE $120.90 -4.10%
SUI $0.7389 -2.68%
XLM $0.1779 -3.35%
ZEC $800.45 +1.67%

Data: DeFi market lending rates hit a new high since 2022, with Aave's net inflow of funds reaching 500 million dollars this week

2024-12-13 22:20:06

According to ChainCatcher news and IntoTheBlock data, as users extensively use WBTC and WETH as collateral to borrow stablecoins, the DeFi lending market is experiencing a new wave of enthusiasm, with lending rates exceeding 10%, and some projects reaching as high as 40%, setting a new high since the 2022 bull market. The largest lending protocol on Ethereum, Aave, saw a net inflow of funds reaching $500 million this week.

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