In the world of DeFi, @SonicLabs is helping power some of the biggest names in the space âĄïž
@Aave leads the sector with over $38B in total value locked, placing it firmly at the top of the global DeFi rankings
#Sonic is one of the top 8 chains integrated with Aave, ensuring that users can access its markets with unmatched speed and efficiency while builders can deploy at low cost and high throughput
Aave operates as a decentralised non-custodial liquidity protocol. Anyone can supply liquidity to earn interest or borrow by putting up collateral that exceeds the value of the loan
This overcollateralisation safeguards lenders and keeps the market stable
With $S, this model gains faster settlement, lower fees, and a developer-friendly platform that is ready to scale for millions of users đ
Show original
20.59K
94
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.