• bitcoinBitcoin (BTC) $ 65,360.00
  • ethereumEthereum (ETH) $ 1,912.26
  • tetherTether (USDT) $ 0.999934
  • xrpXRP (XRP) $ 1.38
  • bnbBNB (BNB) $ 601.34
  • usd-coinUSDC (USDC) $ 0.999916
  • solanaSolana (SOL) $ 82.60
  • tronTRON (TRX) $ 0.286342
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • dogecoinDogecoin (DOGE) $ 0.093529
  • whitebitWhiteBIT Coin (WBT) $ 48.86
  • cardanoCardano (ADA) $ 0.269721
  • usdsUSDS (USDS) $ 0.999893
  • bitcoin-cashBitcoin Cash (BCH) $ 492.01
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • leo-tokenLEO Token (LEO) $ 8.68
  • hyperliquidHyperliquid (HYPE) $ 26.84
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • moneroMonero (XMR) $ 339.70
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • canton-networkCanton (CC) $ 0.161053
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • chainlinkChainlink (LINK) $ 8.59
  • ethena-usdeEthena USDe (USDE) $ 0.999094
  • stellarStellar (XLM) $ 0.154279
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • usd1-wlfiUSD1 (USD1) $ 0.999691
  • rainRain (RAIN) $ 0.009332
  • susdssUSDS (SUSDS) $ 1.08
  • hedera-hashgraphHedera (HBAR) $ 0.097874
  • daiDai (DAI) $ 0.998630
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • litecoinLitecoin (LTC) $ 53.13
  • zcashZcash (ZEC) $ 240.45
  • avalanche-2Avalanche (AVAX) $ 8.77
  • wethWETH (WETH) $ 2,268.37
  • shiba-inuShiba Inu (SHIB) $ 0.000006
  • suiSui (SUI) $ 0.892939
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.114225
  • usdt0USDT0 (USDT0) $ 0.998824
  • the-open-networkToncoin (TON) $ 1.29
  • crypto-com-chainCronos (CRO) $ 0.075634
  • tether-goldTether Gold (XAUT) $ 5,158.01
  • memecoreMemeCore (M) $ 1.43
  • pax-goldPAX Gold (PAXG) $ 5,192.63
  • uniswapUniswap (UNI) $ 3.55
  • polkadotPolkadot (DOT) $ 1.33
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • mantleMantle (MNT) $ 0.600067
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aaveAave (AAVE) $ 117.69
  • falcon-financeFalcon USD (USDF) $ 0.997471
  • aster-2Aster (ASTER) $ 0.692453
  • bittensorBittensor (TAO) $ 176.58
  • pepePepe (PEPE) $ 0.000004
  • global-dollarGlobal Dollar (USDG) $ 0.999917
  • hashnote-usycCircle USYC (USYC) $ 1.12
  • okbOKB (OKB) $ 75.50
  • ripple-usdRipple USD (RLUSD) $ 1.00
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • bitget-tokenBitget Token (BGB) $ 2.22
  • pi-networkPi Network (PI) $ 0.165383
  • skySky (SKY) $ 0.066330
  • htx-daoHTX DAO (HTX) $ 0.000002
  • ethereum-classicEthereum Classic (ETC) $ 8.52
  • bfusdBFUSD (BFUSD) $ 0.999471
  • nearNEAR Protocol (NEAR) $ 1.02
  • ondo-financeOndo (ONDO) $ 0.256637
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.113798
  • internet-computerInternet Computer (ICP) $ 2.18
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 11.00
  • worldcoin-wldWorldcoin (WLD) $ 0.404794
  • gatechain-tokenGate (GT) $ 6.88
  • kucoin-sharesKuCoin (KCS) $ 8.55
  • pump-funPump.fun (PUMP) $ 0.001759
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • cosmosCosmos Hub (ATOM) $ 2.06
  • midnight-3Midnight (NIGHT) $ 0.057458
  • hash-2Provenance Blockchain (HASH) $ 0.016976
  • nexoNEXO (NEXO) $ 0.836909
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • usdtbUSDtb (USDTB) $ 1.00
  • ethenaEthena (ENA) $ 0.101110
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • official-trumpOfficial Trump (TRUMP) $ 3.43
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.23
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • flare-networksFlare (FLR) $ 0.009335
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • kaspaKaspa (KAS) $ 0.029372
  • algorandAlgorand (ALGO) $ 0.086216
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • pippinpippin (PIPPIN) $ 0.768482
  • ousgOUSG (OUSG) $ 114.40
  • wbnbWrapped BNB (WBNB) $ 759.61
  • usddUSDD (USDD) $ 0.999915
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • render-tokenRender (RENDER) $ 1.40
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • filecoinFilecoin (FIL) $ 0.917359
  • aptosAptos (APT) $ 0.861001
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • xdce-crowd-saleXDC Network (XDC) $ 0.033412
  • morphoMorpho (MORPHO) $ 1.79
  • vechainVeChain (VET) $ 0.007280
  • binance-staked-solBinance Staked SOL (BNSOL) $ 108.24
  • beldexBeldex (BDX) $ 0.080264
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
  • usual-usdUsual USD (USD0) $ 0.995734
  • arbitrumArbitrum (ARB) $ 0.094082
  • ghoGHO (GHO) $ 0.999978
  • bonkBonk (BONK) $ 0.000006
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
  • stable-2​​Stable (STABLE) $ 0.028919
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 76,461.00
  • a7a5A7A5 (A7A5) $ 0.012946
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 76,491.00
  • true-usdTrueUSD (TUSD) $ 0.998696
  • decredDecred (DCR) $ 27.93
  • jupiter-exchange-solanaJupiter (JUP) $ 0.148617
  • clbtcclBTC (CLBTC) $ 76,920.00
  • kite-2Kite (KITE) $ 0.260413
  • fasttokenFasttoken (FTN) $ 1.09
  • usdaiUSDai (USDAI) $ 0.999945
  • euro-coinEURC (EURC) $ 1.18
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.701454
  • sei-networkSei (SEI) $ 0.067983
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,419.84
  • blockstackStacks (STX) $ 0.249449
  • dashDash (DASH) $ 33.64
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 33.97
  • tbtctBTC (TBTC) $ 70,942.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.006725
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.27
  • wrappedm-by-m0WrappedM by M0 (WM) $ 1.00
  • tezosTezos (XTZ) $ 0.376298
  • justJUST (JST) $ 0.045760
  • kinesis-goldKinesis Gold (KAU) $ 166.57
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999908
  • ether-fiEther.fi (ETHFI) $ 0.499666
  • story-2Story (IP) $ 1.03
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.157637
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,455.82
  • curve-dao-tokenCurve DAO (CRV) $ 0.240456
  • c8ntinuumc8ntinuum (CTM) $ 0.080493
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999983
  • chilizChiliz (CHZ) $ 0.033956
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • lighterLighter (LIT) $ 1.39
  • cocaCOCA (COCA) $ 1.30
  • hastra-primePRIME (PRIME) $ 1.02
  • usxUSX (USX) $ 0.999617
  • apenftAINFT (NFT) $ 0.00000033
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,406.26
  • bittorrentBitTorrent (BTT) $ 0.00000033
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
  • gnosisGnosis (GNO) $ 123.71
  • bitcoin-svBitcoin SV (BSV) $ 16.15
  • kaiaKaia (KAIA) $ 0.054746
  • injective-protocolInjective (INJ) $ 3.19
  • wrapped-flareWrapped Flare (WFLR) $ 0.009961
  • sun-tokenSun Token (SUN) $ 0.016556
  • adi-tokenADI (ADI) $ 3.20
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
  • aerodrome-financeAerodrome Finance (AERO) $ 0.331207
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • layerzeroLayerZero (ZRO) $ 1.49
  • pyth-networkPyth Network (PYTH) $ 0.051928
  • iotaIOTA (IOTA) $ 0.067918
  • crvusdcrvUSD (CRVUSD) $ 0.991384
  • the-graphThe Graph (GRT) $ 0.026520
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.59
  • jasmycoinJasmyCoin (JASMY) $ 0.005739
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
  • spx6900SPX6900 (SPX) $ 0.300323
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,421.84
  • celestiaCelestia (TIA) $ 0.316690
  • flokiFLOKI (FLOKI) $ 0.000029
  • sbtc-2sBTC (SBTC) $ 77,039.00
  • fraxLegacy Frax Dollar (FRAX) $ 0.990121
  • siren-2Siren (SIREN) $ 0.371460
  • olympusOlympus (OHM) $ 17.16
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 115.56
  • syrupMaple Finance (SYRUP) $ 0.226516
  • savings-usddSavings USDD (SUSDD) $ 1.03
  • doublezeroDoubleZero (2Z) $ 0.075026
  • btse-tokenBTSE Token (BTSE) $ 1.61
  • lido-daoLido DAO (LDO) $ 0.305169
  • msolMarinade Staked SOL (MSOL) $ 133.18
  • conflux-tokenConflux (CFX) $ 0.049908
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
  • heliumHelium (HNT) $ 1.37
  • optimismOptimism (OP) $ 0.118803
  • humanityHumanity (H) $ 0.137569
  • newton-projectAB (AB) $ 0.002483
  • staked-aaveStaked Aave (STKAAVE) $ 126.65
  • telcoinTelcoin (TEL) $ 0.002566

Polygon Could Lose Over $300 Million In TVL As Aave Votes To End On-chain PoS Lending

0 168

Polygon Could Lose Over $300 Million In TVL As Aave Votes To End On-chain PoS Lending

Anna Martynova

Polygon is on the verge of losing over $300 million in total value locked as the community that runs Aave, a popular liquidity protocol, has apparently voted overwhelmingly to effectively halt lending on the PoS chain. Aave is the largest dApp on Polygon by total value locked (TVL), with deposits exceeding $300 million on the PoS chain, according to DefiLlama.

The Aave community’s approval of the proposal to end Polygon’s on-chain lending services was primarily driven by the backlash against Polygon’s December proposal to use over $1 billion in bridged stablecoins to generate yield. In response to Polygon weighing this option, Aave founder Marc ZELLER has come up with a proposal calling for the protocol to impose strict risk parameters on Aave v2 and v3 deployed in Polygon PoS to discourage further deposits and prevent users from borrowing against collateral.

Zeller argues that Polygon’s approach to generating revenue is significantly riskier than methods used by other networks, such as depositing ETH in liquid staking protocols or DAI in MakerDAO’s savings rate module, since these revenues are not subject to bad debt.

Image: freepik

Designed by Freepik

Source

Leave A Reply

Your email address will not be published.