BTC $63,392.15 +0.73%
ETH $1,898.29 +1.07%
BNB $604.05 -0.33%
XRP $0.9975 -0.12%
SOL $75.45 +0.41%
TRX $0.3323 +0.38%
DOGE $0.0702 +0.70%
ADA $0.1733 -1.40%
BCH $204.13 +0.28%
LINK $9.43 +0.37%
HYPE $59.47 +3.58%
AAVE $86.14 +0.49%
SUI $0.6757 -0.09%
XLM $0.1578 +0.66%
ZEC $509.95 +5.03%
BTC $63,392.15 +0.73%
ETH $1,898.29 +1.07%
BNB $604.05 -0.33%
XRP $0.9975 -0.12%
SOL $75.45 +0.41%
TRX $0.3323 +0.38%
DOGE $0.0702 +0.70%
ADA $0.1733 -1.40%
BCH $204.13 +0.28%
LINK $9.43 +0.37%
HYPE $59.47 +3.58%
AAVE $86.14 +0.49%
SUI $0.6757 -0.09%
XLM $0.1578 +0.66%
ZEC $509.95 +5.03%

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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