Aave's utilization rate reaching 2021 levels means 3 things: 1. Growing bull market sentiment (leverage) 2. Growing DeFi demand 3. Growing institutional & retail adoption of onchain lending platforms 4. Supply rates 🆙 Bullish for @Aave & @chainlink as the largest DeFi engines.
Interesting stat: @aave's utilization rate (borrows vs supply) is reaching levels from the 2021 cycle. Only difference is that Aave is 2x larger now.
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