BTC $78,606.92 -0.56%
ETH $2,491.71 +0.15%
BNB $753.63 +1.93%
XRP $1.42 +1.85%
SOL $103.67 +0.01%
TRX $0.3390 +1.38%
DOGE $0.0905 -0.27%
ADA $0.2203 -0.30%
BCH $258.99 -0.04%
LINK $12.55 -1.51%
HYPE $85.39 +0.35%
AAVE $129.16 -2.19%
SUI $0.8194 -0.05%
XLM $0.1883 -2.68%
ZEC $1,181.31 +3.72%
BTC $78,606.92 -0.56%
ETH $2,491.71 +0.15%
BNB $753.63 +1.93%
XRP $1.42 +1.85%
SOL $103.67 +0.01%
TRX $0.3390 +1.38%
DOGE $0.0905 -0.27%
ADA $0.2203 -0.30%
BCH $258.99 -0.04%
LINK $12.55 -1.51%
HYPE $85.39 +0.35%
AAVE $129.16 -2.19%
SUI $0.8194 -0.05%
XLM $0.1883 -2.68%
ZEC $1,181.31 +3.72%

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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