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Home»DeFi»CRV’s Liquidation Price On Aave V2 Hits 0.241 USDT 
DeFi

CRV’s Liquidation Price On Aave V2 Hits 0.241 USDT 

2023-08-23Updated:2023-08-26No Comments1 Min Read
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As reported by PANews on August 23, DefiLlama information highlights a noteworthy growth in CRV loans inside Aave V2, with a hanging liquidation value of 0.241 USDT. This replace has prompted eager curiosity and discussions inside the crypto neighborhood.

Aave V2’s CRV loans presently embody a considerable 123 million CRVs, every related to the aforementioned liquidation value. This configuration equates to a complete worth of roughly 30.3 million US {dollars}. This newly emerged liquidation threshold displays the evolving market circumstances and provides a layer of nuance to the CRV lending panorama inside the DeFi realm.

Including to this angle, broader market information underscores the present market worth of CRV, with the token quoting at 0.472 USDT. The disparity between the liquidation value and the market worth underlines the potential implications for each lenders and debtors participating with CRV property inside the Aave V2 ecosystem.

DISCLAIMER: The Info on this web site is offered as common market commentary and doesn’t represent funding recommendation. We encourage you to do your personal analysis earlier than investing.

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See also  Ethereum Price Avoids Collapse But Recovery Could Be Capped
Aave CRVs Hits Liquidation Price USDT
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