The USD1 stablecoin on Aptos is seeing rapid supply concentration. Echelon has accumulated $21.2M worth, now commanding 68.4% of the total USD1 supply circulating on-chain. This pattern reflects a broader dynamic in DeFi—liquidity naturally gravitates toward platforms and protocols offering the most attractive yield opportunities and highest utilization rates. As stablecoin adoption accelerates across the network, capital tends to concentrate where returns are most compelling.

USD1-0,01%
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TopBuyerForevervip
· 3h ago
Laughing out loud, Echelon alone took 68%, this is DeFi.
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BridgeJumpervip
· 13h ago
Echelon's move is quite aggressive, taking 68% in one go. That's the power of yield farming...
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OnchainUndercovervip
· 13h ago
68.4%? That's quite a concentration. Echelon is aiming to monopolize USD1.
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WalletDetectivevip
· 13h ago
The concentration of token rights is increasing, and Echelon's move is quite aggressive.
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LiquidationSurvivorvip
· 13h ago
Once again, it's the old trick of concentration explosion, with 68.4% held by a single entity. Is this still called distributed?
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