PANews reported on December 24th that, according to CryptoQuant data, DeFi leverage is receding. Since August, as prices have fallen and risk appetite has decreasedPANews reported on December 24th that, according to CryptoQuant data, DeFi leverage is receding. Since August, as prices have fallen and risk appetite has decreased
Data: Aave's lending volume has decreased by approximately 70% since August, indicating that DeFi leverage is receding.
PANews reported on December 24th that, according to CryptoQuant data, DeFi leverage is receding. Since August, as prices have fallen and risk appetite has decreased, Aave's lending volume has dropped by approximately 70%. However, on the Nexo platform, lending volume rebounded by 155% during the decline. Users are choosing to lend with collateral rather than sell.
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