$AAVE Breaks Through 25 Billion: The Carnival and Alarm of DeFi
Aave's borrowing amount has surpassed 25 billion USD, setting a new historical high. DeFi is rewriting the rules of finance, but we must also be cautious of the leverage risks hidden behind the carnival.
Behind the 25 billion USD lies countless stacked positions and an impending liquidation crisis.
This reminds me of the crazy summer of 2021, when everyone was shouting, "DeFi will disrupt traditional finance," until the dominoes of cascading liquidations fell.
Will history repeat itself or be rewritten? No one can be sure. But I know that when the market is at its most frenzied, it is often the time to stay the most sober.
If you feel a bit confused or need more guidance, feel free to reach out to me anytime, I will provide you with a detailed analysis!
