Aave sees $15.1B outflow in three days

Cryptocurrency lending protocol Aave (AAVE) has seen outflows totaling $15.1 billion over the past three days, reducing its total deposits by roughly one-third from $48.5 billion to $30.7 billion following an exploit involving rsETH, EmberCN reported. Conversely, SparkLend's total value locked (TVL) grew by $1.3 billion during the same period, rising from $1.9 billion to $3.2 billion. The influx is believed to include funds from large-scale investors such as Justin Sun. Meanwhile, DeFi lending protocol Morpho (MORPHO) experienced a $1.5 billion decrease in total deposits, which fell from $11.7 billion to $10.2 billion.