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Analyst: Aave has experienced capital outflows of 10.1 billion dollars due to the rsETH event.

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PANews
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2 hours ago
AI summarizes in 5 seconds.

PANews April 20 news, according to on-chain analyst Yu Jin's analysis, the rsETH event may have a more severe impact on Aave than expected. Since the incident occurred early yesterday morning, funds on Aave have continued to flow out, with the total deposit amount decreasing from $45.8 billion to $35.7 billion, resulting in an outflow of $10.1 billion, of which $4.5 billion is stablecoins. This has also allowed the stablecoin deposit interest rate on Aave to be maintained at 13.4% for a whole day.

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