coin-img-ETHETH-2.48%coin-img-BTCBTC-1.89%coin-img-SOLSOL-2.93%coin-img-XRPXRP-1.89%coin-img-TOMTOM+36.77%coin-img-BENZBENZ+821.95%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.36%coin-img-ETHETH-2.48%coin-img-BTCBTC-1.89%coin-img-SOLSOL-2.93%coin-img-XRPXRP-1.89%coin-img-TOMTOM+36.77%coin-img-BENZBENZ+821.95%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.36%coin-img-ETHETH-2.48%coin-img-BTCBTC-1.89%coin-img-SOLSOL-2.93%coin-img-XRPXRP-1.89%coin-img-TOMTOM+36.77%coin-img-BENZBENZ+821.95%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.36%coin-img-ETHETH-2.48%coin-img-BTCBTC-1.89%coin-img-SOLSOL-2.93%coin-img-XRPXRP-1.89%coin-img-TOMTOM+36.77%coin-img-BENZBENZ+821.95%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-92.36%

Aave USDT Borrowing APY Jumps to 14.99%

BlockBeats reported that on April 19, Aave data showed USDT borrowing APY climbed to 14.99%, while the deposit APY surged to 13.39%. A hacker linked to KelpDAO allegedly borrowed a large amount of ETH from Aave using illegally minted rsETH as collateral. Risk concerns triggered urgent withdrawals totaling more than $5.4 billion from the platform. The sharp liquidity outflow is seen as a key driver behind the spike in USDT lending and borrowing rates on Aave.
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ETH
ETH-2.29%
AAVE
AAVE-19.73%
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