Odaily reports that Bitget Wallet announced its total locked value for stablecoin investments has surpassed $80 million, a 523% increase from the previous quarter. This growth was primarily driven by its "Stablecoin Investment Plus" product within its investment section, which has attracted a large number of users in just a few months due to its secure and flexible returns.
According to previous reports, Bitget Wallet launched "Stablecoin Investment Plus" based on the Aave protocol in September of this year, offering a fixed annualized return of 10% over the long term, supporting real-time interest accrual and instant redemption. According to Defillama, Aave, as the world's largest decentralized lending protocol, currently has a TVL exceeding $25 billion, accounting for over 50% of the DeFi lending market. Its liquidity pools employ over-collateralization mechanisms and transparent on-chain audits to ensure asset security.
In addition to mainstream stablecoins, Bitget Wallet's wealth management section also supports yield products for assets such as ETH, SOL, and BNB, and integrates protocols such as Aave, Lido, Kamino, Jupiter Lend, and Venus to build a closed loop for yield and payment of its self-custodied assets.
