Source: CryptoSlate ↗
Half of Aave’s debt sits in just 9% of positions built around one Ethereum correlation trade
What the source reports
Galaxy's Aug. 7 snapshot of Aave V3 Core found 19,073 loans on the protocol after applying standard filters. Fewer than 9% of those positions are using Aave's E-mode setting, account for roughly half of all outstanding debt on the platform, and show an Ethereum correlation trade. Galaxy puts their debt-weighted loan-to-value near 90%, their average […]The postHalf of Aave’s debt sits in just 9% of...
Read the original report on CryptoSlate ↗Live market context
ETH Ethereum
$1,901.28
+0.11% · 24h
9 supported listings
AAVE Aave
$89.02
+2.59% · 24h
8 supported listings
JST JUST
$0.1078
+0.00% · 24h
4 supported listings
Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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