By : David Hundeyin
Publisher : crypto
Date : February 4, 2025

AAVE processes $210m in liquidations without accumulating additional bad debt

Decentralized lending protocol Aave has successfully processed $210 million in liquidations without adding to its existing bad debt. Data from Chaos Labs shows that following Monday’s flash crash, which wiped out roughly $2.2 billion in crypto market value, the extreme…

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