CryptoSlate reports that Aave borrowers experienced interest rates up to 36% APR while a freeze on reserves blocked new collateral deposits. Existing borrowers continued to incur interest, but suppliers could withdraw funds if enough tokens were available. This situation could increase borrowing costs despite the freeze on new loans.
AI-assisted source briefing. Based on the CryptoSlate report; not independently verified.
Source published: Tue, 03 Nov 2026 13:30:58 +0000
[Read the original report](https://cryptoslate.com/borrowers-faced-36-interest-rates-as-aave-froze-deposits-during-binance-hack/)
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