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Currently 186m USD being borrowed/lent on FTX @ 100% APY! (this number changes fairly frequently) ftx.com/spot-margin/le

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and

What does this mean? You can lend both usdt and Usdc on ftx

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and

yup -- USDC = USD, and there's another line for USDT

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So it fluctuates? Like 100% this hour could mean only 5% the next hour?

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supply and demand -- it's the crossing point between where users are willing to lend, and how much borrow demand there is.

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