đ$50M Whirlwind: Aave Horizon Dazzles After Launch

Only days into its existence, Aave Labs’ shining beacon of institutional lending, Horizon, found itself basking in the warmth of $50 million in deposits. Borrowing activity, leaning towards the more reserved with a count of $6.2 million, is a testament to the burgeoning allure for tokenized treasures and the intricacies of on-chain credit spires. RLUSD ($26.1M) and USDC ($8M) emerged as the financial titans of this new era, with USDC near-monopolizing the borrowing realm at $6.19 million, as decreed by the live market oracle. Yet, lesser-known entities like GHO, the tokenized chandeliers of U.S Treasuries, and the peculiar kingdoms of collateralized loan obligations, watch from the wings, waiting for their audience.




