Aave's total value locked (TVL) has decreased from $36 billion to $26.5 billion over the past three months, according to DefiLlama data. This decline is attributed to both the depreciation of key assets like WBTC and ETH and the impact of governance disputes within the Aave community. Notably, Justin Sun has withdrawn $910 million in stablecoins from Aave, reallocating them to Sky and its sub-DAO, Spark. Since December, Sun's deposits in Sky and Spark have increased from $570 million to $1.48 billion.
Aave's TVL Drops Amid Governance Disputes, Justin Sun Shifts $910M
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