Over $5.4 billion in assets have been withdrawn after Aave was attacked by rsETH, and on-chain lending demand has shifted to protocols like Spark.

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ME News Report, April 19 (UTC+8), according to Ember Monitoring, due to hackers illegally minting rsETH through Aave collateral and borrowing a large amount of Ethereum, more than $5.4 billion in assets have been urgently withdrawn from Aave for risk aversion purposes. Among them, Sun Yuchen also retrieved his 65,584 ETH on Aave, worth approximately $154 million. Currently, on-chain lending demand has shifted to protocols like Spark, causing the ETH deposit rate on Spark to spike to 130% at one point, now around 18%. (Source: Foresight News)

AAVE-4.8%
ETH-2.83%
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