Lending protocol Tydro deposits approach $600 million, with a 50% month-over-month increase

AAVE-0.39%
ETH-1.41%

Odaily Planet Daily reports that the Aave-supported lending protocol Tydro currently has nearly $600 million in deposits and $250 million in loans. Over the past month, deposits have increased by 50%, and loans by 85%. The recent growth mainly comes from re-staked ETH collateral. ezETH and wrsETH now have deposits as collateral on Tydro exceeding $100 million.

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