Rising Aave borrow rates threaten to flip Ethena’s USDe yield loops into negative carry

Rising Aave borrow rates threaten to flip Ethena’s USDe yield loops into negative carry
Crypto

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LlamaRisk has proposed increasing borrowing costs for Ethenas USDe across five Aave V3 markets, tightening the economics for positions that borrow the stablecoin and recycle it into yield-bearing sUS… [+2812 chars]

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