Aave Jumps 11% on Token Burn Speculation

Aave rose 11% after founder Stani Kulechov said a token burn may form part of the coming Aavenomics upgrade. Bitcoin recovered to $84,170, up 0.82%, with 72 of 100 CoinDesk 100 constituents higher even as the 10-year Treasury yield sat at 5.234%. DeFi led gains, the DeFi Select Index up 5.0%.