Aave Guardian Multisig Freezes WETH in Lending Market

After Aave’s guardian multisig froze WETH in the lending market on April 19, DeFiLlama founder 0xngmi said no WETH positions currently face imminent liquidation risk. He added that while weETH positions on Aave are very close to liquidation prices, those loans are collateralized by ETH. As of April 19, the Aave V3 mainnet weETH borrowing rate was about 1.00%.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.