USDe Stablecoin’s Market Cap Halved Due to Yield Decline
The market value of the synthetic "stablecoin" USDe from the Ethena project plummeted by 50% in a month—from $14.8 billion in October to the current $7.2 billion.
USDe Stablecoin’s Market Cap Halved Due to Yield Decline
The market value of the synthetic "stablecoin" USDe from the Ethena project plummeted by 50% in a month—from $14.8 billion in October to the current $7.2 billion.
Crypto lending hits a record $73.6bn
Crypto‑collateralised lending reached $73.6bn at the end of the third quarter, surpassing the 2021 record.
Collateral Damage from Stream Finance Hack Estimated at $285 Million
The attack on the DeFi protocol Stream Finance could result in collateral losses amounting to approximately $285 million, affecting collateral and lending positions.
Active Loans on Aave Surpass $30 Billion
The total value of active borrowings on the lending DeFi protocol Aave has reached $30.2 billion.
South Korea Implements New Rules for Crypto Loans
On September 5, South Korea's Financial Services Commission released guidelines for lending services on centralised cryptocurrency exchanges.
South Korean Exchanges Ordered to Halt Crypto Lending
South Korea's Financial Services Commission ordered local digital asset exchanges to temporarily suspend crypto lending operations.
BitBridge to Debut on Nasdaq with Bitcoin Loan Offerings
By the end of the third quarter, BitBridge Capital Strategies will commence trading under the ticker BTT, with plans for a subsequent listing on Nasdaq. This was revealed in a press release marking the completion of its merger with Green Mountain Merger Inc.
Abra Halts Withdrawals for International Clients
The crypto lender Abra has unexpectedly suspended withdrawals for its international clients. Users fear the platform may follow in the footsteps of Celsius and BlockFi, according to DL News. “We inform you that international Abra Earn services are temporarily suspended with immediate effect. This decision is part of comprehensive risk management measures and is due […]
Large Withdrawals from Aave Trigger Liquidity Shortage
In the past week, whales have withdrawn significant amounts of Ethereum from the lending protocol Aave, leading to increased funding rates and the abrupt closure of some positions. Supplier and borrower rates on Aave. Source: Aave. On certain days, the APY on wETH positions exceeded 10%. In this scenario, liquidity providers benefited, while asset borrowers […]
Aave Achieves Record $50 Billion in Net Deposits
Aave has become the first DeFi lending protocol to surpass $50 billion in net deposits, a milestone highlighted by the project’s founder, Stani Kulechov. Aave is the first lending protocol to achieve $50B net deposits. This is a big milestone for DeFi. Onwards to trillions as TradFi and FinTechs are moving in by using Aave […]
DeFi Lending Protocols Reach New TVL High of Over $55 Billion, Aave Dominates with Nearly 50% Share
The total value locked (TVL) in lending protocols has reached a new record of $55 billion, surpassing previous peaks recorded in 2021, 2022, and late 2024.
ViaBTC Integrates Dogecoin into Crypto Loan Service
The crypto loan service of mining pool ViaBTC has incorporated Dogecoin (DOGE) as a collateral asset and reduced interest rates to 0.025% per day. This was announced in a blog post by the platform. The updated service is particularly relevant for miners who frequently need to cover operational expenses such as electricity, rent, and equipment […]We use cookies to improve the quality of our service.
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