Data: DeFi market lending rates hit a new high since 2022, with Aave's net inflow of funds reaching 500 million dollars this week
Dec 13, 2024 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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