PANews October 21 news, according to Token Terminal data, on the Base chain, the total scale of tokenized stocks issued by Coinbase deposited into various DeFi platforms is approximately $18.9 million, of which Aave V4 accounts for about $10.1 million, or about 53%, becoming the largest DeFi platform for such assets by locked value.
Data: Aave V4's Coinbase tokenized stock deposits reach $10.1 million, accounting for approximately 53% of related DeFi deposits.
Related news
Coinbase earned a net profit of $700 million in Q3, with nearly 90% of the profit coming from rising coin prices.
When Bitcoin's price is stuck in a range, the market will take a more sober view of Coinbase's profitability and risk resilience as a company.