📉 DeFi Leverage Is Cooling Down

Data from CryptoQuant shows DeFi leverage has been declining since August as risk appetite fades with falling prices.

🔻 Aave lending volume is down nearly 70%

🔺 Meanwhile, Nexo saw a 155% rebound in lending during the dip

Key takeaway: users prefer borrowing against collateral instead of panic selling — a sign of strategic positioning, not fear.

#DeFi #CryptoMarket #onchaindata #AAVE #Nexo

AAVE

147.9

-1.75%

NEXO

0.913

-1.93%