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Decrypt November 16, 2022

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

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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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