---
title: "Two Aave stablecoin backstops shrank $12.4 million as reward rates rose"
url: https://thecoingazette.com/two-aave-stablecoin-backstops-shrank-12-4-million-as-reward-rates-rose/
date: 2026-10-18
modified: 2026-10-18
lang: en
author: "Coin Gazette Editorial"
description: "Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million. Read the full story on CryptoSlate Understand the crypto stories that..."
categories:
  - "Analysis"
  - "DeFi"
image: https://ml4qjcb2qgrx.i.optimole.com/w:auto/h:auto/q:mauto/f:best/https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?fit=1400,960&ssl=1
word_count: 41
---

# Two Aave stablecoin backstops shrank $12.4 million as reward rates rose

Two tracked Ethereum V3 Umbrella stakes fell 9.7%, while their implied annualized reward run rate stayed near $2 million.

[Read the full story on CryptoSlate](https://cryptoslate.com/two-aave-stablecoin-backstops-shrank-12-4-million-as-reward-rates-rose/)

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