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Aave Deposits Drop Below $30B as rsETH Incident Triggers Liquidity Strain

Aave’s total deposits have declined following the rsETH exploit, as ongoing outflows and high utilization levels continue to change lending conditions on the protocol. Data shows deposits fell from approximately $48.5 billion before the incident to about $30.7 billion, reflecting nearly one-third of capital exiting within a short period. In the immediate aftermath, $15.1 billion […]