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DeFiRates
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📈 Cryptocurrency market rally drives up DeFi lending interest rates and funding rates. 🚀 AAVE's stablecoin borrowing rates exceeded 10%, while futures market funding rates for altcoins like Ripple (XRP) turn positive. 💰 Tarun Chitra, Gauntlet co-founder, explains the surge in rates due to increased demand for short-term loans and leverage amid rising crypto prices. đŸ“ŠđŸ’± #DeFiRates #CryptoMarketRally 📉🌟
📈 Cryptocurrency market rally drives up DeFi lending interest rates and funding rates. 🚀 AAVE's stablecoin borrowing rates exceeded 10%, while futures market funding rates for altcoins like Ripple (XRP) turn positive. 💰 Tarun Chitra, Gauntlet co-founder, explains the surge in rates due to increased demand for short-term loans and leverage amid rising crypto prices. đŸ“ŠđŸ’± #DeFiRates #CryptoMarketRally 📉🌟
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