Aave Cashes In: $6 Million Earned from Liquidation Fees Amid Crypto Market Crash
By
Daniela Kirova
1y agoen
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BanklessTimesAave Cashes In: $6 Million Earned from Liquidation Fees Amid Crypto Market Crashbanklesstimes.comStani Kulechov, the founder of DeFi protocol Aave, said the protocol earned $6 million from liquidation fees during today’s crypto market plunge and subsequent selloff. The Bank of Japan decided to raise interest rates last week, and the US jobs report on Friday was poor. These two factors impacted DeFi and the broader crypto market. […] The post Aave Cashes In: $6 Million Earned from Liquidation Fees Amid Crypto Market Crash appeared first on BanklessTimes .
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