DeFi· ★★★· bullish·

Tether's XAUT tops $94.6M in DeFi as Aave captures 74.2% of deposits

  • —$94.6M in XAUT sits on DeFi platforms, with Aave holding 74.2%
  • —Aave's XAUT deposits grew 91.7% in ten weeks to $76.7M
  • —Uniswap V3 holds about $16.5M in XAUT liquidity
  • —Tether minted roughly 119,670 XAUT worth about $495M in late September
Why it matters: XAUT in lending pools is just 1.5% of tokenized gold market cap, but the new supply could sharply lift utilization if it flows into DeFi.
Source: Crypto Briefing