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Tether (USDT) $1.00 -0.01%
Solana (SOL) 81.519111 -0.07%
Cardano (ADA) $0.18 4.76%
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Dogecoin (DOGE) $0.00 3.74%

Cryptocurrencies: 29369

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Market Cap: $2,167,881,565,800

24h Vol: $56,524,609,469

Decrypt

2022-11-16 17:14:43

Gemini Dollar Lending Rates Spiked as High as 73% on Aave Amid Genesis Freeze

Gemini Dollar Lending Rates Spiked as High as 73% on Aave Amid Genesis Freeze

With Genesis, one of Gemini's lending providers, suspending withdrawals, rates on Aave went haywire as speculators fled GUSD or shorted it.

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