Aave Horizon surpassed $ 50 million to deposits within a few days of the launch, while early loan activity has already reached $ 6.2 million, mainly in USDC.
Summary
- Aave Horizon exceeded $ 50 million to deposits only a few days after the launch, dominated by RLUSD and USDC.
- The loan activity is still modest at $ 6.2 million, with almost all loans that are applied in USDC.
Only a few days after the launch, Horizon of an institutional laboratories of AAVE Labs has already surpassed $ 50 million in deposits. Although the loan activity remains modest at around $ 6.2 million, the rapid inflow of liquidity emphasizes the growing institutional interest in Tokenized assets and credit markets in chains.
The majority of the deposits have come to RLUSD so far ($ 26.1 million) and USDC ($ 8 million), with USDC that almost all loan activities at $ 6.19 million, according to live market data. Other supported assets such as GHO, tokenized American treasuries and collateral permits should not see a loan-side traction yet.
Source: Aave Horizon Rwa Market | aave.com
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How a horizon works
Behind the scenes, Horizon works through a system of separate Polish – a set for Tokenized Rwas and another for Stablecoin -Liquidity. Qualified users, screened and permitted by RWA mittens, can supply their tokenized assets (such as USTB/USCC by Superstate and Jtrsy/Jaaa by centrifuge) in designated RWA -Pools. Once deposited, these assets serve as collateral for borrowing stablecoins such as USDC, RLUSD or GHO from the corresponding liquidity pools. USDT-B, Ethena’s synthetic, yield-bearing stablecoin, is also set to be added to the platform.
On the other side of the market, liquidity providers – who do not need permissions – provide stabilecoins to these credit pools, which means that yields from institutional borrowers. The result is a double-sided market: collapsing flows of institutional quality in of regulated entities, while the liquidity of the stablecoin comes from the wider defi-ecosystem.
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