The @Plasma market on @aave, has now surpassed $6.5B in deposits and $2B in borrows.
Plasma is now:
→ #2 largest lending market on Aave
→ #2 largest chain by total lending deposits
The @Plasma market on @aave is the fastest-growing on the protocol, crossing $4B in deposits and $1.5B in borrows in just ~1 day.
It’s now the #2 largest market on Aave.
Main assets:
→ $2.1B in USDT0 deposits and $1.55B in USDT0 borrows
→ $765M in USDe deposits
→ $700M in sUSDe deposits
📊 Track Plasma Aave market growth, APYs, and liquidity on our dashboard.
The @Plasma market on @aave is the fastest-growing on the protocol, crossing $4B in deposits and $1.5B in borrows in just ~1 day.
It’s now the #2 largest market on Aave.
Main assets:
→ $2.1B in USDT0 deposits and $1.55B in USDT0 borrows
→ $765M in USDe deposits
→ $700M in sUSDe deposits
📊 Track Plasma Aave market growth, APYs, and liquidity on our dashboard.
With @PlasmaFDN launch USDT locked on USDT Adapter on Ethereum spiked to $5B.
USD₮0 locks USDT on Ethereum using the adapter and mints the same amount on another chain (Plasma for example), keeping transfers fully backed.
Currently USDT adapter holds 5.42% of USDT supply, being the second biggest holder after Binance.