$10.1 billion withdrawn overnight! What's happening with Aave? Many people haven't realized it yet... The market has already started voting with its feet — since early yesterday morning, Aave funds have been continuously flowing out in large amounts, totaling a withdrawal of $10.1 billion. The total deposits have dropped directly from $45.8 billion to $35.7 billion.


This is not an ordinary fluctuation; it’s: a collective withdrawal of funds.
A more critical point is: $4.5 billion of this is stablecoin deposits, with interest rates directly pushed up to 13.4% APY.
And this abnormal interest rate has persisted all day.
AAVE-1.36%
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