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AAVEAave$99.00
24h
-11.24%
11 Aug, 13:19
Leading DeFi lending protocol with recovering yields
Bullish+11.51%
AI Summary
Author expresses optimism about DeFi yield recovery (~6% APY on stables) as a positive market signal that could help end the bear market.
A really good sign about the market is DeFi yield is recovering slowly.
You can now find ~6% APY on your stables on every top DeFi protocol like @pendle_fi @aave @Morpho @SkyEcosystem.
And I'm not talking about any exotic vaults/pools. USDT/USDC/USDS on primary markets can get you this.
And good yield attracts new liquidity, which can help push us higher.
Hope this brings us closer to the end of the bear market.