Interest Rate Report
Weekly Interest Rate Roundup: Sep 6 - Sep 13
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The merge is upon us. In just about 30 hours from now, Ethereum will be a proof-of-stake blockchain. For the most part, it looks like merge positions are set. Despite their attempts to keep utilization down by pausing
Weekly Interest Rate Roundup: Aug 30 - Sep 6
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The Bellatrix fork is behind us and we’re now less than 10 days away from the merge. It’s all anyone is talking about in crypto circles these days - in particular, how to make money off
Weekly Interest Rate Roundup: Aug 23 - Aug 30
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Another week of low, low interest rates. But for the first time in months, that might actually be interesting. This week, it might mean that Compound and Aave are losing their core use case. For a long time,
Weekly Interest Rate Roundup: Aug 9 - Aug 16
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The focus of activity in DeFi rates markets, and in crypto in general, over the past few weeks is the upcoming Ethereum merge. ETH bulls are parading around infographics showing how much money ETH stakers are going to
Weekly Interest Rate Roundup: Aug 2 - Aug 9
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Drama has returned to DeFi. Yesterday, the US Treasury sanctioned Tornado Cash and Circle (the issuer behind USDC) added the sanctioned assets to its blacklist and froze their assets. The Treasury's actions set an alarming and
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: Mar 29 - Apr 5
Last week we talked about Compound cutting its incentives by 50%. This week we start to see the effect. The COMP price is roughly flat over the week, but the USDC and DAI recursive lending rates are both up significantly and yield more than the base supply rate again.
Weekly Interest Rate Roundup: Mar 15 - Mar 22
Not much changed this week. The DAI and USDC positions on Compound and Aave have stayed pretty stable, and that's kept the supply rates more or less unchanged.
