List of Flash News about stablecoin DeFi trading
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2025-06-05 10:03 |
HTX Withdraws $570 Million USDT from Aave: USDT Lending and Borrowing Rates Surge to 29% – Crypto Market Impact
According to @EmberCN, HTX's address withdrew 570 million USDT from Aave within the last three hours, causing Aave's available USDT liquidity to drop sharply to $91.95 million. This liquidity crunch has triggered a rapid spike in Aave’s USDT deposit rate from 3.8% to 29%, and the borrowing rate from 4.4% to over 29% (source: @EmberCN via Twitter, June 5, 2025). This sudden rate surge signals heightened risk and volatility for DeFi traders and stablecoin yield seekers, potentially affecting stablecoin pricing and arbitrage opportunities across decentralized exchanges. Traders should closely monitor Aave’s liquidity metrics and lending rates, as such dramatic shifts may create short-term trading opportunities and impact broader crypto market stability. |