• bitcoinBitcoin (BTC) $ 118,014.00
  • ethereumEthereum (ETH) $ 2,969.13
  • xrpXRP (XRP) $ 2.79
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 694.36
  • solanaSolana (SOL) $ 163.59
  • usd-coinUSDC (USDC) $ 0.999957
  • dogecoinDogecoin (DOGE) $ 0.202224
  • tronTRON (TRX) $ 0.304827
  • staked-etherLido Staked Ether (STETH) $ 2,970.27
  • cardanoCardano (ADA) $ 0.717854
  • hyperliquidHyperliquid (HYPE) $ 46.78
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,882.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,583.52
  • suiSui (SUI) $ 3.44
  • stellarStellar (XLM) $ 0.379238
  • chainlinkChainlink (LINK) $ 15.30
  • bitcoin-cashBitcoin Cash (BCH) $ 518.02
  • avalanche-2Avalanche (AVAX) $ 20.85
  • hedera-hashgraphHedera (HBAR) $ 0.198315
  • leo-tokenLEO Token (LEO) $ 9.08
  • wrapped-eethWrapped eETH (WEETH) $ 3,185.07
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • the-open-networkToncoin (TON) $ 2.99
  • usdsUSDS (USDS) $ 0.999784
  • wethWETH (WETH) $ 2,972.81
  • litecoinLitecoin (LTC) $ 93.25
  • whitebitWhiteBIT Coin (WBT) $ 46.66
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • moneroMonero (XMR) $ 333.29
  • polkadotPolkadot (DOT) $ 4.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,994.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • bitget-tokenBitget Token (BGB) $ 4.42
  • uniswapUniswap (UNI) $ 8.59
  • aaveAave (AAVE) $ 301.44
  • bittensorBittensor (TAO) $ 394.88
  • pi-networkPi Network (PI) $ 0.472407
  • daiDai (DAI) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.104753
  • aptosAptos (APT) $ 4.89
  • nearNEAR Protocol (NEAR) $ 2.53
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • okbOKB (OKB) $ 48.66
  • internet-computerInternet Computer (ICP) $ 5.37
  • jito-staked-solJito Staked SOL (JITOSOL) $ 198.76
  • ondo-financeOndo (ONDO) $ 0.894045
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ethereum-classicEthereum Classic (ETC) $ 18.44
  • susdssUSDS (SUSDS) $ 1.06
  • kaspaKaspa (KAS) $ 0.086142
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • cosmosCosmos Hub (ATOM) $ 4.71
  • mantleMantle (MNT) $ 0.634403
  • ethenaEthena (ENA) $ 0.334412
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.233605
  • vechainVeChain (VET) $ 0.024435
  • arbitrumArbitrum (ARB) $ 0.403975
  • official-trumpOfficial Trump (TRUMP) $ 9.82
  • gatechain-tokenGate (GT) $ 16.21
  • fasttokenFasttoken (FTN) $ 4.45
  • algorandAlgorand (ALGO) $ 0.221538
  • render-tokenRender (RENDER) $ 3.68
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.706359
  • sei-networkSei (SEI) $ 0.330510
  • worldcoin-wldWorldcoin (WLD) $ 1.04
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,970.81
  • filecoinFilecoin (FIL) $ 2.59
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,761.00
  • bonkBonk (BONK) $ 0.000022
  • skySky (SKY) $ 0.079509
  • quant-networkQuant (QNT) $ 116.33
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.50
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.023614
  • spx6900SPX6900 (SPX) $ 1.58
  • jupiter-exchange-solanaJupiter (JUP) $ 0.488621
  • kucoin-sharesKuCoin (KCS) $ 11.48
  • usdtbUSDtb (USDTB) $ 0.999637
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,115.58
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,384.71
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.91
  • nexoNEXO (NEXO) $ 1.28
  • fartcoinFartcoin (FARTCOIN) $ 1.26
  • story-2Story (IP) $ 4.35
  • injective-protocolInjective (INJ) $ 12.60
  • flare-networksFlare (FLR) $ 0.017077
  • memecoreMemeCore (M) $ 0.759336
  • sonic-3Sonic (S) $ 0.361949
  • xdce-crowd-saleXDC Network (XDC) $ 0.071335
  • blockstackStacks (STX) $ 0.751563
  • optimismOptimism (OP) $ 0.654962
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.75
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,172.15
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,123.21
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,830.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,130.43
  • dogwifcoindogwifhat (WIF) $ 0.977468
  • the-graphThe Graph (GRT) $ 0.097801
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,693.00
  • immutable-xImmutable (IMX) $ 0.507823
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • kaiaKaia (KAIA) $ 0.160448
  • pax-goldPAX Gold (PAXG) $ 3,348.35
  • flokiFLOKI (FLOKI) $ 0.000097
  • wbnbWrapped BNB (WBNB) $ 694.54
  • clbtcclBTC (CLBTC) $ 118,409.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,215.58
  • tokenize-xchangeTokenize Xchange (TKX) $ 11.16
  • paypal-usdPayPal USD (PYUSD) $ 0.999711
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.52
  • curve-dao-tokenCurve DAO (CRV) $ 0.631481
  • vaultaVaulta (A) $ 0.544026
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 183.78
  • tether-goldTether Gold (XAUT) $ 3,349.43
  • msolMarinade Staked SOL (MSOL) $ 213.79
  • theta-tokenTheta Network (THETA) $ 0.805991
  • galaGALA (GALA) $ 0.017234
  • iotaIOTA (IOTA) $ 0.192654
  • lido-daoLido DAO (LDO) $ 0.835131
  • raydiumRaydium (RAY) $ 2.73
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.74
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.92
  • jasmycoinJasmyCoin (JASMY) $ 0.014686
  • the-sandboxThe Sandbox (SAND) $ 0.290538
  • ousgOUSG (OUSG) $ 111.77
  • zcashZcash (ZEC) $ 42.81
  • pyth-networkPyth Network (PYTH) $ 0.118137
  • jito-governance-tokenJito (JTO) $ 1.95
  • wrapped-hypeWrapped HYPE (WHYPE) $ 46.86
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997961
  • bittorrentBitTorrent (BTT) $ 0.00000068
  • aerodrome-financeAerodrome Finance (AERO) $ 0.786797
  • super-oethSuper OETH (SUPEROETH) $ 2,971.62
  • tezosTezos (XTZ) $ 0.632255
  • saros-financeSaros (SAROS) $ 0.249704
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,179.34
  • pendlePendle (PENDLE) $ 3.95
  • mog-coinMog Coin (MOG) $ 0.000002
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,085.99
  • tbtctBTC (TBTC) $ 117,831.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,974.11
  • flowFlow (FLOW) $ 0.385919
  • newton-projectAB (AB) $ 0.009016
  • decentralandDecentraland (MANA) $ 0.311423
  • falcon-financeFalcon USD (USDF) $ 0.999494
  • chain-2Onyxcoin (XCN) $ 0.017142
  • usual-usdUsual USD (USD0) $ 0.997692
  • based-brettBrett (BRETT) $ 0.056873
  • coredaoorgCore (CORE) $ 0.558644
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 116,886.00
  • walrus-2Walrus (WAL) $ 0.404326
  • heliumHelium (HNT) $ 3.01
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 118,013.00
  • build-onBUILDon (B) $ 0.554781
  • syrupMaple Finance (SYRUP) $ 0.508421
  • morphoMorpho (MORPHO) $ 1.71
  • staked-hypeStaked HYPE (STHYPE) $ 46.84
  • apecoinApeCoin (APE) $ 0.667943
  • thorchainTHORChain (RUNE) $ 1.51
  • bitcoin-svBitcoin SV (BSV) $ 26.33
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.201874
  • ripple-usdRipple USD (RLUSD) $ 0.999853
  • starknetStarknet (STRK) $ 0.141886
  • conflux-tokenConflux (CFX) $ 0.099859
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,972.84
  • true-usdTrueUSD (TUSD) $ 0.998272
  • usddUSDD (USDD) $ 1.00
  • venomVenom (VENOM) $ 0.222874
  • kavaKava (KAVA) $ 0.428642
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007914
  • stader-ethxStader ETHx (ETHX) $ 3,162.21
  • dydx-chaindYdX (DYDX) $ 0.611569
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004574
  • apenftAPENFT (NFT) $ 0.00000045
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999997
  • neoNEO (NEO) $ 6.32
  • beldexBeldex (BDX) $ 0.062260
  • compound-governance-tokenCompound (COMP) $ 46.96
  • elrond-erd-2MultiversX (EGLD) $ 15.40
  • dexeDeXe (DEXE) $ 7.60
  • ether-fiEther.fi (ETHFI) $ 1.14
  • aioz-networkAIOZ Network (AIOZ) $ 0.358605
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,281.52
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.34
  • ecasheCash (XEC) $ 0.000021
  • deepDeepBook (DEEP) $ 0.168333
  • axie-infinityAxie Infinity (AXS) $ 2.50
  • arweaveArweave (AR) $ 6.34
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 117,970.00
  • telcoinTelcoin (TEL) $ 0.004442
  • usdbUSDB (USDB) $ 1.01
  • zksyncZKsync (ZK) $ 0.056073

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

0 36

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.