Techub News reports, according to X user Ember Monitoring, after hackers illegally minted rsETH through Aave collateral and borrowed a large amount of ETH, over $5.4 billion in assets were urgently withdrawn from Aave for risk aversion purposes. Subsequently, on-chain lending demand surged into protocols like Spark, driving the ETH deposit interest rate on Spark to a peak of 130%. It is currently still at 18%.

ETH-3.37%
AAVE-20.23%
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