Over $5.41 billion in stablecoins on Aave V3 are currently unwithdrawable as both USDT and USDC Core Markets have hit 100% Utilization Rate.
Latest on-chain data shows:
- USDT: Reserve Size $3.03B | Available Liquidity only $4,762
- USDC: Reserve Size $2.38B | Available Liquidity only $11,970
With virtually zero liquidity left, users are unable to withdraw their stablecoins despite massive reserves. This extreme utilization signals severe capital lock-up and potential systemic stress in the largest DeFi lending protocol.
Lesson for ONFA community: High utilization + near-zero liquidity is a major red flag. Always monitor real-time pool health before depositing large amounts into lending protocols. Liquidity can dry up faster than expected.
