Rewards Hub DeFi leverage is experiencing a significant decline, with Aave's lending volume dropping approximately 70% since August, according to data from CryptoQuant. This reduction is attributed to a decrease in risk appetite as cryptocurrency prices fall. The trend reflects a broader contraction in DeFi activities as investors become more cautious amid market volatility.
Aave Lending Volume Drops 70% as DeFi Leverage Declines
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