A repayment brings interest rates and liquidity "back to reality"

On April 11th, WLFI repaid a $25 million USD1 loan on Dolomite, and market liquidity quickly recovered, with the available borrowing capacity rising back to $35 million.
Previously, the USD1 deposit rate soared to 34%, but has now fallen back to 10.43%, returning to a relatively rational range, slightly higher than USDC and USDT.
However, what is more worth paying attention to is the current structure:
WLFI still has about $162 million in loans, backed by WLFI assets worth approximately $402 million.
This means that, on the surface, it is a rate correction, but essentially a rebalancing between funds and collateral.
Many people only see the interest rate fluctuations, while some have already started to look at the "leverage structure" behind it. #Gate上线Pre-IPOs #原油小幅上涨 #美伊停火协议谈判再生变故 #加密市场回升 $TNSR