🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
The demand for DeFi lending has plummeted, as investors are massively deleveraging to cope with market volatility.
PANews April 9 news, according to CoinDesk, affected by the recent big fluctuations in the crypto market, the total lending volume of the DeFi lending platform Aave and Morpho has significantly declined. Data shows that the average lending yield based on USD stablecoins has dropped to 2.8%, a new low for the year, far below the peak of 18% last December. As BTC and ETH prices plummeted to $75,000 and below $1,500 over the weekend, multiple leveraged positions were liquidated, with Aave alone handling over $110 million in liquidations. Market risk sentiment has sharply intensified, leading to a continued decline in lending demand.