Analysis: There is no liquidation risk for WETH and weETH on Aave.

Mars Finance reports that on April 19, Defillama founder 0xngmi stated that there are currently no WETH positions facing imminent liquidation risk. Although the weETH on Aave is very close to the liquidation price, the collateral for these loans is ETH, so unless borrowing interest rates spike significantly, the overall position remains safe.
According to official Aave data, the lending rate for weETH on Aave V3 mainnet is approximately 1.00%.

WEETH-0.66%
ETH-3.96%
AAVE-12.43%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin