Aave leads DeFi higher as crypto shrugs off surging bond market
Bullish-40.22%
29 Sep, 10:28
Source: CoinDesk
AI Summary
Aave surged 11% on token burn speculation, leading a broad DeFi rally that defied rising Treasury yields.
Aave jumped 11% on speculation over a token burn, with 72 of 100 CoinDesk 100 constituents higher even as the 10-year Treasury yield sat at 5.234%.