Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
CryptoNewsZ 2022-09-15 09:04:28

ETH Borrow Rate Spikes to 190% Ahead of the Anticipated Merge

As crypto enthusiasts await the Ethereum proof-of-stake Merge, the crypto is creating immense ripples in the market. Aave, a lending protocol with 6.5 billion dollars in TVL, emptied its Ethereum reserves to borrowers. The protocol witnessed a whopping 190% jump in ETH borrow rates as investors swarmed the platform to borrow ETH. The investors are …

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.