Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges

Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges

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Source: Coindesk.com

$350 million worth of DeFi positions were liquidated during the market sell-off. Aave secured $6 million in revenue from processing on-chain liquidations. One $7.4 million WETH position was liquidated, providing Aave with $802,000 in revenue. Bitcoin ETFs

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The post "Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges" appeared first here Coindesk.com.

Source: Coindesk.com

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