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The Ongoing Defi Industry Turmoil

The struggling crypto lending platform Celsius has nearly cleared all of its outstanding DeFi debt after recovering 400,000 collateralized Staked Ethereum (stETH) from

The ongoing DeFi industry turmoil is beginning to resolve after the DeFi lending giant, Celsius recently paid off over $81 million in debt to Aave and reclaimed $410

Celsius Reclaims $410M of 'stETH' Tokens After Paying Down

The Move Reduced Celsius

While it is not fully clear exactly how much of Celsius’ ETH holdings are wrapped up in stETH, estimates are at around $475m based on public wallet information

Celsius Reaches Boiling Point. A data-driven look at stETH, a liquid

The move reduced Celsius's debt to Aave to $8.5 million from $90 million. Crucially, the transfer freed up $410 million in stETH, a type of digital token that Celsius had pledged as collateral

Celsius Paid Down

Celsius paid down $81.6 million in USDC to Aave Loan and freed up $410 million of collateral in staked Ether(stETH), After getting ride of staked Ether, Cels

Celsius Recovers $410M of ‘stETH’ Tokens - BLOCKGENI

Celsius Freed Up $410M stETH After Paid Off $81M USDC to Aave

Celsius and stETH - A Lesson on (il)Liquidity

Celsius Retrieves $410m In Collateralized ‘stETH’, Formerly Used

Celsius Recovers Over $400M in Staked Ethereum Collateral