Follow UsFlight to safety: How Maker’s Spark and USDC are winning the $10 billion Aave breakup
Bullish-32.44%
22 Apr, 09:46
Source: CoinDesk
AI Summary
Capital is rotating out of Aave into Maker's Spark lending protocol, Lido for ETH exposure, and USDC stablecoins as investors seek safer yield opportunities.
Funds leaving Aave are splitting across safer lending, simpler ETH exposure and off-chain yield, with stablecoins acting as a temporary refuge.