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Since April 18, Spark Protocol has seen a net inflow of $2.4 billion.

MeNews
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Abstract generation in progress
ME News message, April 24 (UTC+8), according to defioasis data, since April 18, the net inflow of funds into the Spark protocol has reached 2.4 billion US dollars, equivalent to about 15% to 20% of the net outflow from Aave redemptions. Data shows that at least 20 single addresses have deposited more than 20 million US dollars net into Spark after April 18, among which Spark PSM is the largest net deposit address and also one of the largest entities redeeming funds from Aave. Mellow Finance has deposited all of the over 180 million US dollars redeemed from Aave into Spark; Instadapp's large net deposit to Spark exceeds 88 million US dollars. In addition, besides DeFi protocols, many whale addresses that redeemed from Aave have also deposited funds into Spark one after another. (Source: MLion)
SPK5.49%
AAVE1.63%
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