Aave Hemorrhage Signal Appears: DeFi Joint Rescue Begins to Take Effect?

On-chain monitoring shows that after Aave launched the "DeFi United" collaborative rescue, the platform's capital outflow rate has significantly slowed.
Currently, approximately 30k ETH loans and 13.5k ETH donations have been received, forming an initial liquidity support.
But from the overall data, the impact is still considerable:
Aave's total deposits are now about $28.6 billion, down approximately $17.2 billion from before the rsETH incident, a decrease of about 37%.
This indicates that the market has entered the "second phase"—shifting from panic withdrawals to waiting and risk assessment.
Structurally, whether funds continue to flow out depends on the speed of trust recovery, not just the scale of a single rescue.
In the crypto market, confidence is harder to rebuild than capital.
Crises can be partially resolved with money, but what truly restores the system is time and trust.
Protocols that can survive liquidity crises are only qualified to enter the next cycle.