Odaily Planet Daily reports, according to on-chain analyst Yujin, after WLFI repaid $25 million in USD1 loans on Dolomite, the available USD1 lending liquidity on Dolomite has now recovered to $35 million. The USD1 deposit rate on Dolomite has returned to 10.43%, slightly higher than USDC’s 9.07% and USDT’s 7.74%. WLFI currently still has $162 million in outstanding loans on Dolomite, comprising $152 million in USD1 and $10.31 million in USDC, backed by 4.99 billion WLFI tokens valued at $402 million.
WLFI repays $25M USD1 on Dolomite, restoring $35M USD1 in borrowing liquidity
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Summary
WLFI repaid $25 million in USD1 on Dolomite in the latest on-chain update, restoring USD1 borrowing liquidity to $35 million. The USD1 deposit rate is now at 10.43%, higher than those of USDC and USDT. WLFI still holds $162 million in outstanding loans, backed by 499 million WLFI as collateral. Interest rate data shows USD1 leading in yield, attracting additional liquidity. This move reflects continued market activity on Dolomite.
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