According to intoTheBlock, high-risk loan volumes on the Aave protocol are approaching critical levels as DeFi loan volumes soar to multi-year highs. Investors are aggressively seeking to maximize profits ahead of a predicted crypto bull run, driving significant activity in the DeFi lending space. The latest data reveals that outstanding DeFi loans have surged to $11 billion, the highest in two years. Aave plays a substantial role in this boom, accounting for over 50% of the total, or roughly $7 billion. Of particular concern is the $1 billion in high-risk debt within the Aave ecosystem. This debt is backed by
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