Most Popular Aave & Compound Combos
1. Introduction
Aave and Compound are both decentralized finance platforms that allow seamless lending and borrowing. Lenders earn profits on their supplies which are realized by borrowers paying interests. At the same time, lenders can set their supplies as collateral against which they may take up loans.
In this dashboard, we take a look at popular lending and borrowing token combos on Aave and Compound. The approach used to get the combos are as follows:
- Rank the top 8 most supplied assets by volume
- Rank the top 8 most borrowed assets by volume and join to the former
- Take the supply APY and the borrow APY on both columns
- Calculate the net apy using the formula
supply_apy-borrow_apy