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defioasis.eth
defioasis.eth|Apr 23, 2026 11:29
Since the KelpDAO rsETH incident on April 18, Aave has seen a net outflow of over $10 billion, though the outflow rate has gradually slowed down. Checked and found that more than 20 addresses have redeemed over $100 million from Aave since the 18th. HTX and MEXC are among the largest holders of positions on Aave. Everyone knows how fast Sun bro withdraws funds, but what you might not know is that MEXC is still struggling to redeem funds to this day. Three of its addresses have cumulatively withdrawn over $500 million, and there’s still over $95 million USDT waiting for liquidity replenishment to be slowly pulled out. Spark PSM is the largest known entity among single withdrawal addresses, redeeming over $310 million from Aave and then depositing it back into Sparklend. Other notable protocols or institutions that have made large redemptions from Aave include Mellow Finance, Ethena, Abraxas Capital Mgmt (Heka Funds), Grove Finance, and Metalpha.
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Timeline

May 07, 15:00mETH Protocol will gradually shut down cmETH operations
May 06, 15:31First tokenized U.S. Treasury cross-border, cross-bank redemption
May 02, 03:07Anchorage Digital submits GENIUS Act implementation proposal
Apr 28, 09:02OKX On-Chain Earn officially launches AAVE USDT & ETH
Apr 22, 19:13Expand the redemption functionality from Aave WETH to multiple tokens
Apr 22, 00:16weETH based on the LayerZero cross-chain bridge has been restored and is now online.
Apr 20, 08:00USDT AAVE On-Chain Earning Product Offline Announcement
Apr 18, 00:32Buck Protocol announces closure, holders can redeem assets in full.
Apr 17, 02:53Collapse in U.S. Treasury demand could trigger severe shocks
Apr 07, 08:39Gate SOL staking total surpasses 519,900, reaching a new high

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