Bitcoin (BTC) $76,676.64 -0.54%
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Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
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Cryptocurrencies: 28960

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Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

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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