⚠️The $USDT borrow rate on @aave v3 keeps spiking and is currently at 10.8%. This results in different looped strategies (such as @ethena_labs Liquid Leverage) to currently have negative net APYs - meaning these positions are slowly bleeding. It's hard to say if the rates will stay high in the long run, for now it seems these are occassional spikes, potentially caused by a certain mr Sun gradually withdrawing their assets. 💡But if you do think USDT borrowing costs are not going down - you can use our Debt Switch to swap your debt asset to another one. As of recently, this is available directly in our Aave dashboard, right under that Tools menu. And keep in mind you can also do partial debt swaps, if you want to average things out, or if you have a large position that would be impacted by TSI with one large swap. As a reminder, DFS looks for best swap routes for this from 6 dex aggregators, just like for any other transaction that includes a swap. Those are @0xProject, @KyberNetwork, @1inch, @VeloraDEX, @odosprotocol and @bebop_dex.