๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ฝ๐ผ๐๐ถ๐๐ถ๐ผ๐ป๐ถ๐ป๐ด ๐ผ๐ป ๐๐๐๐๐๐ฒ๐ป๐ฑ ๐ฟ๐ถ๐ด๐ต๐ ๐ป๐ผ๐ ๐ถ๐ ๐๐ฒ๐น๐น๐ถ๐ป๐ด:
โ On the supply side, $ETH leads decisively at $1.37B, signaling strong preference for blue-chip collateral that can earn yield without sacrificing liquidity.
โ sTRX follows with $702.2M, clear evidence that liquid staking is being used as intended: staking rewards, zero capital lock-up, full DeFi composability.
โ TRX at $663.98M rounds out the top three, reflecting healthy native liquidity powering day-to-day on-chain activity.
----------------- โคต๏ธ
โฅ Borrowing demand paints a practical picture.
โฅ $USDT dominates with $142.58M borrowed, pointing to demand for stable, predictable liquidity used for trading, arbitrage, and operational expenses.
โฅ TRX borrowing at $48.74M suggests execution needs and selective leverage within the ecosystem.
โฅ BTC borrow remains relatively small at $3.94M, indicating limited appetite for BTC-focused leverage in this market.
โ The structure is clear: supply is defensive and yield-driven, while borrowing is utility-focused and intentional.
โ This isnโt speculative excess, itโs capital being parked carefully and deployed where itโs needed.
@Justin Sunๅญๅฎๆจ continues to operate less like a hype machine and more like financial infrastructure.
