2026-01-19 18:50:08

Borrowers are using SNEK and NIGHT as collateral to borrow significant amounts of ADA. Why do they do this? Simply put, it's about interest rates—they compare across different lending protocols and choose the one with the most favorable borrowing costs for their collateral. And now, Fluid is the most competitive option. This shows that the market is voting with its feet, and funds tend to flow toward the most efficient ecosystem.

SNEK-1,36%

ADA0,74%

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RumbleValidator

· 9h ago

Capital flows to the most efficient places, which is the true market pricing. Fluid's ability to now attract collateral from SNEK and NIGHT indicates that its validation mechanism and node stability truly outperform those of similar protocols—data doesn't lie.

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MetaverseLandlord

· 9h ago

Haha, Fluid really seized the opportunity this time, and the interest rate battle was played beautifully.

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SnapshotDayLaborer

· 9h ago

Fluid's interest rate is indeed fierce. SNEK and NIGHT can be borrowed with so much ADA when used as collateral. No wonder funds are flowing this way.

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MEVEye

· 9h ago

Haha, Fluid really nailed it this time, the interest rate is so aggressive. Alright, capital is just so realistic, whoever is cheaper will go to them. Can both SNEK and NIGHT be used as collateral? This ecosystem is quite vibrant.

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DataOnlooker

· 10h ago

Haha, Fluid is indeed eye-catching. With such aggressive interest rates, who can stop it? --- SNEK and NIGHT as collateral? This trick isn't new anymore; it's just the daily routine of arbitrageurs. --- It's true that the market votes with its feet, but how long Fluid can sustain remains to be seen. --- Looks like a new cycle of mining and cashing out is about to begin, repeat and repeat. --- The interest rate advantage is fleeting; no one can guarantee who will dominate next month. --- What makes Fluid so powerful? Is it the low gas fees or better mechanism design? --- Isn't this the eternal script of DeFi? Liquidity chasing high yields. --- SNEK borrowing ADA sounds quite poetic, but the risk is a bit high.

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NotGonnaMakeIt

· 10h ago

Indeed, Fluid has really ramped up this round, with such aggressive interest rate cuts, who would go somewhere else to get slaughtered?

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