NeutralAAVEBTCBitcoinBitcoinETHEthereumEthereumUSDCUSDE

1w ago on

The Fed’s first hike since 2023 (17 Sep) is now reflected in DeFi yields but not evenly: • 3M T-bill: +29bp • Tokenized T-bill funds (BUIDL, WTGXX, USDY, BENJI, TBILL): +17 to +27bp • @aave USDC on Ethereum: +60bp • @RobinhoodApp Earn vault: +31bp Aave has a different story. Rate hike might not be the main catalyst but instead: • Borrowing demand from BTC and ETH holders and USDe loops • 4 rate curve changes (slope1 up from 4.00% to 4.50% since 28 Aug) The rate hike raised the benchmark, but the change in DeFi yields has more components to it, including the rate curve and the loan book.

NeutralAAVEETHEthereumEthereumUSDT

1w ago on

Binance hacker deposited 60M USDT into Aave and borrowed 19.6k ETH on Ethereum. Aave has v3 on mainnet is now full frozen. https://t.co/vktYDH9tgr

NeutralAAVEUSDE

2w ago on

EthenaPay is now close to $10M in deposits, with ~$2M already in the new Earn vault. The vault is curated by @SteakhouseFi, running a looping strategy on @aave v4, currently yielding ~12.7%. Earn+ function should bring a new wave of deposits into both USDe and EthenaPay. https://t.co/mIW6pdxdLT https://t.co/52lqmt1nWH