Aave USDT0 pool on Monad: only $4.4M of $55.9M available
- —Of $55.9M in the USDT0 pool, $51.5M is borrowed and $4.4M (7.9%) is free
- —Displayed rate of 6.10% APR: 4.34% protocol plus 1.76% in WMON
- —USDT0 spent 261 of 721 hours above the 92% optimal utilization threshold
- —USDC pool on Monad: $197.3M deposited, $180M borrowed, $17.3M free
Why it matters: The high rate may reflect shrinking free liquidity rather than rising demand, increasing the risk of withdrawal delays for large depositors.
Source: CryptoSlate