DATA: DeFi Market Borrowing Rates Hit High Since 2022, Aave Net Inflows Hit $500 Million This Week
On December 13th, the DeFi lending market saw a new boom as users borrowed large amounts of stablecoins using WBTC and WETH as collateral, with lending rates topping 10% and some projects reaching as high as 40%, the highest since the 2022 bull market, according to data. Aave, the largest lending protocol on Ether, saw net inflows of $500 million this week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Smart ring manufacturer Oura (OURA.US) IPO reportedly oversubscribed by about 4 times
According to market sources, the initial public offering (IPO) of smart ring manufacturer Oura in the US stock market has reportedly been oversubscribed by approximately four times.
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Subscription multiplier reaches 4 times! "AI Ring" Oura IPO receives enthusiastic response
Smart ring manufacturer Oura's IPO was oversubscribed by approximately four times, planning to issue 50 million shares at a maximum price of $44 per share, aiming to raise up to $2.2 billions, with a fully diluted valuation of about $15 billions. Against the backdrop of companies like Holtec Nuclear withdrawing their IPO plans due to market conditions, Oura is expected to become the first major IPO in nearly three months to raise over $1 billion, injecting new vitality into the long-dormant U.S. IPO market.
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