RT Moonwell (@MoonwellDeFi)Q4 revenue on Moonwell: $901.21K, a 71% increase from Q3. 📊Most activity came from @Base, where fee growth directly translated into protocol revenue.Increased borrowing demand → higher rates → more revenue → more WELL that can be acquired in reserve auctions every month. https://t.co/2AfzJxkPWT ...

euler finance running 53% utilization ratio on $2.1b tvl. half the deposits are actually borrowed, not parked for points. privacy vaults went live last month, eulerEarn pulled $750m alone. morpho and fluid growing too but euler's the only one above 50% utilization. real borrowing demand beats tvl games every time. ...

Credit Expansion - China's credit expansion slowed more than expected in October compared to the previous year [1] - The slowdown was due to weaker government bond sales [1] - Sluggish borrowing demand across the economy also contributed to the slowdown [1]