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TechFlow, June 5 — According to on-chain analyst Ember (@EmberCN), HTX has redeposited 600 million USDT back into Aave.
This move caused the USDT lending rate on Aave to rapidly drop from around 30% APY to normal levels. The current deposit rate is 3.73%, and the borrowing rate is 5.06%.
According to on-chain analyst Ember (@EmberCN), HTX has redeposited 600 million USDT into Aave. This action caused the USDT lending rate on the Aave platform to rapidly drop from approximately 30% APY back to normal levels, with the current deposit rate at 3.73% and borrowing rate at 5.06%.
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