Skip to content

Celsius Repays $113 Million of Loans as Crypto Lender Fights Insolvency

  • The company repaid loans to Aave and Compound in the last day
  • The lender has paid off about $300 million loans since July 1
A Celsius Network booth at the Paris NFT Day conference in April.

A Celsius Network booth at the Paris NFT Day conference in April.

Photographer: Benjamin Girette/Bloomberg
From

Crypto lender Celsius Network repaid more loans Monday, as the company continues to battle insolvency.

In the past day, Celsius repaid about $78.1 million worth of USDC stablecoin to lending platform Aave, according to tracker Etherscan. It also repaid $35 million worth of stablecoin DAI on platform Compound.