PANews reported on April 22 that, according to on-chain analyst Yu Jin, funds continue to flow out of Aave, with $15.1 billion flowing out in three and a half days. Total deposits have dropped from $48.5 billion before the crisis to $30.7 billion, representing approximately one-third of the funds being withdrawn. Regarding other major lending platforms...
- Morpho's total deposits decreased from $11.7 billion before the rsETH incident to $10.2 billion, an outflow of $1.5 billion;
- Spark's total locked value in its SparkLend business increased from $1.9 billion before the event to $3.2 billion, an inflow of $1.3 billion.
Spark absorbed some of the funds withdrawn from Aave by whales or institutions, including Justin Sun and the whale that bought $500 million in February.
