Something BIG is happening on $SUI 👀
USDC borrowing is at MAXIMUM levels across ALL lending providers with insane rates:
📊 Suilend:
• Utilization: 98.61%
• Supply APY: 70.23%
• Borrow APR: 88.99%
📊 Navi:
• Utilization: 100%
• Supply APY: 88.13%
• Borrow APR: 107.40%
📊 Bluefin:
• Utilization: 85%
• Supply APY: 80.00%
• Borrow APR: 93.61%
📊 Scallop:
• Utilization: 83.32%
• Supply APY: 6.79%
• Borrow APR: 10.36%
What this means:
Nearly ALL available USDC to borrow across the entire SUI ecosystem is being borrowed right now.
Scallop is the ONLY protocol with a little more USDC to borrow. Everywhere else is completely maxed out.
Suppliers are earning 70-88% APY on USDC. That's absolutely insane for stablecoin yields.
This level of demand doesn't happen randomly. When USDC utilization hits 85-100% everywhere simultaneously AND supply rates are this high, something is cooking.
Watch what happens next. Be careful.
🚨 Stablecoin APY is Going Bananas! 🍌
Lenders, don't sleep on this!
Supply your USDT or USDC to NAVI Protocol NOW and lock in over 89% APY!
Earn massive yields on @Suinetworks's top lending platform while keeping your stables safe and liquid.
☝️Borrowers, heads up: Interest rates on USDC/USDT loans have spiked to up to 108%.
Repay those positions ASAP to avoid the heat! 🥵
🚨 Stablecoin APY is Going Bananas! 🍌
Lenders, don't sleep on this!
Supply your USDT or USDC to NAVI Protocol NOW and lock in over 89% APY!
Earn massive yields on @Suinetworks's top lending platform while keeping your stables safe and liquid.
☝️Borrowers, heads up: Interest rates on USDC/USDT loans have spiked to up to 108%.
Repay those positions ASAP to avoid the heat! 🥵