GOVERNANCE
Aave V3 USDe Borrow Cap Raised to 700M
LlamaRisk recommends raising Aave V3 Core's USDe borrow cap from 571M to 700M. USDe sits at 97.2% utilization (554.8M used). Top 20 borrowers hold health factors between 1.00 and 2.16, backed mainly by sUSDe, WETH, cbBTC, weETH, and wstETH. Supply cap remains at 902M.
