↓Aave v2 Ethereum: Disable Borrowing on Volatile Assets
Recent market events and liquidity contraction have heightened volatility risks for ENJ, prompting a disable of borrowing to reduce exposure while allowing deposits.
24h Change-7.22%
All Time HighNov 25, 2021$4.82
All Time LowMar 8, 2026$0.017
Market Cap$66.11m
Fully Diluted Valuation$66.89m
Circ. Supply1.972b ENJ
CEX Volume$5.71m
DEX Volume$1.53m
Risk-management actions published about ENJ by tracked risk managers and governance contributors, newest first.
Recent market events and liquidity contraction have heightened volatility risks for ENJ, prompting a disable of borrowing to reduce exposure while allowing deposits.
Current market volatility combined with Aave V2's lack of advanced risk controls like supply caps and isolation mode heightens exposure risks for ENJ, prompting a temporary freeze to derisk the protocol ahead of V3 migration.
ENJ's thin liquidity heightens vulnerability to manipulative trading like the CRV short, risking protocol bad debt accumulation without immediate freezing.
Recent volatility decrease from 1.45% to 1.15% and 26% volume growth, combined with supply and collateralization data from top positions, prompt simulation-driven adjustments under the Risk Off Framework to mitigate potential insolvencies in varied market scenarios.
ENJ's Q1 volatility and price movement data suggested heightened sensitivity, resulting in parameter changes to decrease exposure and maintain moderate risk alignment.
ENJ volatility decreased 3% with a 46% volume decline, and simulations predict reduced liquidation needs, justifying a lower bonus to enhance overall protocol efficiency under moderate risk settings.
AIP 55 mistakenly lowered ENJ's liquidation threshold from 70% to 60% instead of updating FEI, triggering unintended liquidations for 31 accounts holding ENJ collateral with total losses of $14,504. Gauntlet analysis shows not all were directly impacted, but all qualifying users are being reimbursed the liquidation penalties.
Parameters intended for FEI (LTV 50%, LT 60%, LB 6.5%) were erroneously applied to ENJ due to an address mix-up, enabling it as collateral unintentionally; reversal is planned to restore original parameters.
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Tracking 2 pools, average APY 30.50%

Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabENJ | $89,303 | 0% | 0% | 0% | |||||
| open in new tabWETH-ENJ | $58,952 | 30.50% | 30.50% | 8.93% |