Aave Sees $10.1 Billion Outflow, Total Deposits Drop to $35.7 Billion
According to on-chain analyst Yu Jin, Aave has experienced a continuous outflow of funds totaling $10.1 billion since the incident early yesterday morning, reducing total deposits from $45.8 billion to $35.7 billion, of which $4.5 billion is in stablecoins. This outflow has caused the stablecoin deposit interest rate on Aave, which stands at 13.4% APY, to remain unchanged for a full day.
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