Aave Outflows $101 Billion in Funds, Total Deposits Drop to $35.7 Billion

Odaily News According to on-chain analyst Yu Jin's monitoring, Aave has experienced continuous fund outflows since the early morning incident yesterday, totaling $10.1 billion. This has reduced total deposits from $45.8 billion to $35.7 billion, with $4.5 billion of that being stablecoins. This outflow has caused the stablecoin deposit interest rate on Aave, which offers a 13.4% APY, to be maintained for an entire day.