Spark sees $2.4B net inflow as funds exit Aave

Funds leaving the crypto lending protocol Aave have been moving to Spark, resulting in a net inflow of approximately $2.4 billion for the latter, Wu Blockchain reported. This amount corresponds to about 15% to 20% of Aave's total net outflow. At least 20 addresses have each deposited over $20 million into Spark. Additionally, funds have also migrated from other platforms, with $180 million moving from Mellow Finance and $88 million from Instadapp.