Weekly Interest Rate Roundup: July 26 - Aug 2
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Rates ticked slightly higher this week for the first time in a long time. Compound's USDC supply rate moved up 23 bps. This is likely due to the current bullish market narrative regarding the upcoming ETH
Weekly Interest Rate Roundup: July 19 - July 26
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Not much going on in DeFi rates markets this week, so instead I'm going to talk about stablecoins. In the past few weeks we've gotten confirmation that Aave intends to launch a new stablecoin
Weekly Interest Rate Roundup: July 12 - July 19
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)I recently spoke with an acquaintance who told me that he just borrowed ~30M USD from a large centralized lender for a 9 month term at a fixed rate of 11.5% on an overcollateralized basis. What a
Weekly Interest Rate Roundup: July 5 - July 12
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Times are tough out there for DeFi lenders. Over the past week or so, Celsius has repaid stablecoin debts totaling $300M - $500M in value across Maker, Compound, and Aave. This unwinding has caused stablecoin interest rates to
Notional Finance Quarterly Review: Q2 2022
Notional had a challenging Q2, but proved the resiliency of its design in adverse market conditions and made substantial progress on its development initiatives. The protocol continued to lead the fixed-rate lending market, launched its NOTE staking module, and laid the groundwork for its next big product release with the
Notional Monthly Update 🗓️ June 2022
Welcome to the latest edition of the Notional Monthly Update! You can also follow the latest news on Twitter [https://www.twitter.com/notionalfinance] or join the Notional community on Discord [https://discord.notional.finance/]. -------------------------------------------------------------------------------- 🗒 Summary Notes -$500M in loan volume milestone hit in May - now up
Weekly Interest Rate Roundup: June 28 - July 5
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Peak fear has passed. Just a few weeks ago it felt like every new day brought fresh and shocking revelations of some insolvency, or some overlooked systemic risk that was in the process of imploding, or some other
Weekly Interest Rate Review: June 21 - June 28
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)It's been a rough few weeks for crypto lenders. DeFi shows few signs of life, leading to a steady bleed in TVL and slumping revenue figures for all the major DeFi lenders. But hey, at least