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We are all Peter Todd now?
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#DeFi lending is booming as users leverage $WBTC and $WETH to borrow stablecoins. Lending rates now exceed 10%, peaking at 40%, levels not seen since the 2022 bull market. #Aave on Ethereum saw $500M in netflows this week as borrowers chase high yields. Source: @IntoTheBlock #DeFiLending
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This week, #Bluechip DeFi tokens took the spotlight: $AAVE : +43% $DYDX : +22% $UNI : +16% $LINK: +14% Their combined market cap surged past $20B, nearly doubling, as focus shifts across crypto sectors, according to @IntoTheBlock
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Trump-backed World Liberty Financial (WLFI) invested $5M in ETH, LINK, and AAVE: 2,631 $ETH at $3,801 41,335 $LINK at $24.2 3,357 $AAVE at $297.8. #WLFI will use these assets to support its DeFi platform. #WorldLibertyFinancial #Trump
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#Binance introduces the 62nd Launchpool project: Vana, an EVM-compatible Layer 1 blockchain focused on user-owned data. Users can lock $BNB and $FDUSD to earn $VANA airdrops for two days. #Vana #BinanceLaunchpool
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#Solana attracts 7,625 of 39,148 new crypto devs in 2024, marking an 83% YoY increase, per Electric Capital’s report. $SOL
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