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BNB

BNB Chain's Borrowing and Bad Debt Trends Signal Increasing Risk

The total supply of BNB Chain has increased by 1.99% over the last 24 hours to a value of approximately $2.61 billion, with the total borrowed amount at about $750.52 million, indicating a borrowing rate of 28.7%. The top supplied assets include BTCB, BNB, USDT, SolvBTC, and ETH, with significant holdings in each. Notably, Venus BSC has experienced a bad debt totaling nearly $96,000, while Venus ZKS's bad debt is around $1.19 million. In Q3, liquidation income reached approximately $49,840.
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AI Analysis

The recent data on BNB Chain reveals a moderate increase in supply, suggesting growing participation in the ecosystem. The borrowing ratio of 28.7% indicates a significant level of leverage which, whi...

AI Recommendation

Given the current trends, it is prudent to adopt a cautious approach. Monitoring the bad debt levels, especially on Venus BSC and ZKS, should be prioritized. Stakeholders should consider tightening ri...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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