Data: Aave lending scale has decreased by approximately 70% since August, and DeFi leverage is waning.

AAVE0,43%
NEXO1,78%

PANews December 24 News, according to CryptoQuant data, DeFi leverage is waning. Since August, as prices declined and risk appetite decreased, Aave’s lending volume dropped by approximately 70%. However, on the Nexo platform, lending volume rebounded by 155% during the decline. Users are choosing to borrow against collateral rather than sell.

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