The current liquidity utilization rate of the main crvUSD pool is 100%-200%
Encrypted KOL DefiMoon posted on X platform, stating that due to a large amount of soft liquidation/de-liquidation in the past 24 hours, the main crvUSD pool has a liquidity utilization rate of 100%-200%+ good basic vAPY. Most of LLAMMA's trading volume comes from wETH liquidation, and in 2024, wETH will significantly increase as collateral for crvUSD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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