TechFlow news, November 6 — Bitget Wallet announced that its total locked value in stablecoin wealth management has surpassed $80 million, a 523% increase compared to the previous quarter. This growth was primarily driven by its "Stablecoin Wealth Management Plus" product, which has attracted significant user participation over recent months due to its secure and flexible yield features.
Previously, Bitget Wallet launched "Stablecoin Wealth Management Plus" in September this year, based on the Aave protocol, offering a long-term fixed annual yield of 10%, with real-time interest accrual and instant redemption support. According to Defillama, Aave is currently the largest decentralized lending protocol globally, with a TVL exceeding $25 billion, capturing over 50% of the DeFi lending market share. Its liquidity pools utilize an over-collateralization mechanism and on-chain transparent audits to ensure asset security.
In addition to mainstream stablecoins, Bitget Wallet's wealth management section also supports yield products for assets such as ETH, SOL, and BNB, integrating protocols including Aave, Lido, Kamino, Jupiter Lend, and Venus to build a self-custodial asset yield and payment ecosystem.
