$AAVE

This morning I checked AAVE v3 and found that the borrowing interest for USDC has skyrocketed to 65%. It seems USDC has been completely borrowed out. So, I went on-chain to check. An account with a deposit of 4000 cbBTC borrowed 99 million USDC from the AAVE V3 protocol ...

He may have realized he borrowed too much, causing the USDC reserves to plummet, which triggered the spike in borrowing interest. So, 30 minutes ago, he paid back the 99 million USDC.

The AAVE protocol is increasingly favored by large whales, and it's hard for traditional financial markets to imagine a borrowing amount of 100 million being completed in seconds without manual review. Interest rate adjustments also don't require monthly meetings for discussions; the automated program set up will monitor reserves in real-time and adjust borrowing rates accordingly.

Just use AAVE!