Aave's WETH and weETH positions are currently secure from liquidation, according to DefiLlama founder 0xngmi. Despite weETH being close to its liquidation price, the collateral backing these loans is entirely in ETH, ensuring stability unless borrowing rates increase significantly. Official data from Aave indicates that the borrowing rate for weETH on Aave V3 Mainnet is approximately 1.00%, maintaining a safe margin for these positions.
Aave's WETH and weETH Positions Secure from Liquidation Risk
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