We got some fireworks this week. Crypto prices plunged to as low as ~1750 ETH. This set off a wave of liquidations through DeFi and brought the CT bears out in force. Compound and Aave rates have normalized a bit and remain low. In other protocols, like Notional and Yield, the turbulence has resulted in significant dislocations.
Weekly Interest Rate Roundup: May 10 - May 17
Weekly Interest Rate Roundup: May 10 - May 17
Weekly Interest Rate Roundup: May 10 - May 17
We got some fireworks this week. Crypto prices plunged to as low as ~1750 ETH. This set off a wave of liquidations through DeFi and brought the CT bears out in force. Compound and Aave rates have normalized a bit and remain low. In other protocols, like Notional and Yield, the turbulence has resulted in significant dislocations.