Aave's total deposit volume has dropped by 37% to approximately $28.6 billion following the rsETH incident, marking a significant decrease of $17.2 billion. Despite this decline, recent data indicates a slowdown in fund outflows from the platform. This stabilization comes after Aave's efforts to coordinate the "DeFi United" initiative, which secured around 30,000 ETH in loans and 13,500 ETH in donations, suggesting a potential recovery in user confidence.
Aave Deposits Plunge 37% Following rsETH Incident, Outflows Stabilize
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