What is Justin doing?👀 HTX's rapid withdrawal of 570 million USDT from Aave in three hours drastically reduced platform liquidity to $91.95 million, causing deposit rates to surge from 3.8% to 29% and borrowing rates to jump from 4.4% to 33.6%.

What is Justin doing?👀
HTX's rapid withdrawal of 570 million USDT from Aave in three hours drastically reduced platform liquidity to $91.95 million, causing deposit rates to surge from 3.8% to 29% and borrowing rates to jump from 4.4% to 33.6%.

𝕏/@esatoshiclub •

Revision history

8 recorded changes

Want your article here?

Promote with Leviathan News

More on Aave

Chaos Labs taps out as Aave's risk provider, decision 'not made in haste'

Chaos Labs taps out as Aave's risk provider, decision 'not made in haste'

CoinTelegraph ·

We respect the decision of Chaos Labs to step down as one of the two risk managers for the Aave DAO. We want to thank Chaos Labs for their work over the years. They have been a valuable partner to the Aave DAO, and their contributions have helped Aave grow and mature. There is no disruption to the A

We respect the decision of Chaos Labs to step down as one of the two risk managers for the Aave DAO. We want to thank Chaos Labs for their work over the years. They have been a valuable partner to the Aave DAO, and their contributions have helped Aave grow and mature. There is no disruption to the A

𝕏/@StaniKulechov ·

Top Aave risk manager Chaos Labs exits amid governance dispute

Top Aave risk manager Chaos Labs exits amid governance dispute

The Block ·

Aave loses key risk manager, Chaos Labs, amid contributor exodus and disputes

Aave loses key risk manager, Chaos Labs, amid contributor exodus and disputes

Coindesk ·

Chaos Labs Walks Away From $5M Aave Risk Mandate Over V4 Architecture, Underfunded Risk Budget, And Fundamental Disagreement On How Risk Should Be Managed At DeFi’s Largest Lending Protocol.

Chaos Labs Walks Away From $5M Aave Risk Mandate Over V4 Architecture, Underfunded Risk Budget, And Fundamental Disagreement On How Risk Should Be Managed At DeFi’s Largest Lending Protocol.

𝕏/@omeragoldberg ·

Aave DAO Loses Another Key Contributor: Chaos Labs Exits Risk Management Chaos Labs announced on the Aave governance forum that it will terminate its risk management engagement with Aave, citing misalignment in risk management approach; it also pointed to contributor departures,…

Aave DAO Loses Another Key Contributor: Chaos Labs Exits Risk Management Chaos Labs announced on the Aave governance forum that it will terminate its risk management engagement with Aave, citing misalignment in risk management approach; it also pointed to contributor departures,…

𝕏/@WuBlockchain ·

Chaos Labs taps out as Aave's risk provider, decision 'not made in haste'

Chaos Labs taps out as Aave's risk provider, decision 'not made in haste'

CoinTelegraph ·

We respect the decision of Chaos Labs to step down as one of the two risk managers for the Aave DAO. We want to thank Chaos Labs for their work over the years. They have been a valuable partner to the Aave DAO, and their contributions have helped Aave grow and mature. There is no disruption to the A

We respect the decision of Chaos Labs to step down as one of the two risk managers for the Aave DAO. We want to thank Chaos Labs for their work over the years. They have been a valuable partner to the Aave DAO, and their contributions have helped Aave grow and mature. There is no disruption to the A

𝕏/@StaniKulechov ·

Top Aave risk manager Chaos Labs exits amid governance dispute

Top Aave risk manager Chaos Labs exits amid governance dispute

The Block ·

Aave loses key risk manager, Chaos Labs, amid contributor exodus and disputes

Aave loses key risk manager, Chaos Labs, amid contributor exodus and disputes

Coindesk ·

Chaos Labs Walks Away From $5M Aave Risk Mandate Over V4 Architecture, Underfunded Risk Budget, And Fundamental Disagreement On How Risk Should Be Managed At DeFi’s Largest Lending Protocol.

Chaos Labs Walks Away From $5M Aave Risk Mandate Over V4 Architecture, Underfunded Risk Budget, And Fundamental Disagreement On How Risk Should Be Managed At DeFi’s Largest Lending Protocol.

𝕏/@omeragoldberg ·

Aave DAO Loses Another Key Contributor: Chaos Labs Exits Risk Management Chaos Labs announced on the Aave governance forum that it will terminate its risk management engagement with Aave, citing misalignment in risk management approach; it also pointed to contributor departures,…

Aave DAO Loses Another Key Contributor: Chaos Labs Exits Risk Management Chaos Labs announced on the Aave governance forum that it will terminate its risk management engagement with Aave, citing misalignment in risk management approach; it also pointed to contributor departures,…

𝕏/@WuBlockchain ·

Explore the full feed

Up nextChaos Labs Walks Away From $5M Aave Risk Mandate Over V4 Architecture, Underfunded Risk Budget, And Fundamental Disagreement On How Risk Should Be Managed At DeFi’s Largest Lending Protocol.