Aave USDT deposit APY quickly fell back to 8.07%, HTX still has 1.2 billion USDT in Aave

PANews reported on June 5 that according to ai_9684xtpa’s update, the annualized interest rate (APY) of USDT deposits on the Aave platform dropped from 24.65% to 8.07% in just half an hour, indicating a large amount of funds quickly returned. However, HTX is still the largest contributor to Aave USDT deposits. Despite the withdrawal of 400 million USDT, there are still 1.2 billion USDT, accounting for 32.6% of the total deposits.

According to previous news, HTX withdrew 400 million USDT from Aave an hour ago, causing the loan APY to surge to 28.86%.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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