The increasing risk appetite of investors was reflected in the stablecoin interest rates of the cryptocurrency exchange OKX.
Cryptocurrency investors have increased their risk appetite in order to participate in the price movements in recent weeks. Smell and greed index around 70 points These days he wanders of OKX stablecoin interest rates also experienced serious fluctuations.
According to data received from OKX official website on December 20 USD Coin (USDC) interest rate 50%‘eat, Tether (USDT) interest rate to 20% rose up. The same day Binance USDT interest rate on to 20% level output.
This situation means that investors more futures It was interpreted that it did and the amount of interest given to stablecoins increased to this extent. Due to the way the exchanges work, these stablecoin assets deposited by users are loaned to the futures side, and in return, those who deposit stablecoins receive percentages. passive interest income can win.
On OKX at the time of writing USDC interest rate 10% And USDT 20% while cruising around on Binance USDT interest rate 20% It is located at the level. The rates in question depend on the volatility in the market. rapid variations It can show.