BlockBeats News, April 20th, following the KelpDAO rsETH hack event, the cascading impact on the entire DeFi ecosystem has started to show. The stablecoin borrowing rates and utilization rates of multiple lending protocols in the Solana ecosystem have risen, including:

At Jupiter Lend, the USDC supply is $4.21 billion, with a borrowing volume of $3.4 billion. Excluding protocol reserve liquidity, the utilization rate has soared to about 99%, with available liquidity almost fully borrowed, and the borrowing rate is currently at 4.36%.

At Kamino Prime Market, the total USDC supply is approximately $1.868 billion, with around $1.788 billion already borrowed, resulting in a utilization rate of close to 96% and a borrowing rate of 8.92%;

At Kamino Main Market, the total USDC supply is around $1.72 billion, with approximately $1.64 billion borrowed, a utilization rate of about 95.75%, and a borrowing rate of 10.2%.

Save Finance (formerly Solend) has seen its lending utilization rate rise to over 70%, with a current borrowing rate of 3.9%.

At Marginfi, the USDC borrowing utilization rate has reached 88.32%, with a current borrowing rate of 7.65%.