coin-img-ETHETH-3.43%coin-img-BTCBTC-2.27%coin-img-SOLSOL-3.49%coin-img-XRPXRP-2.83%coin-img-TOMTOM+54.33%coin-img-BENZBENZ+615.09%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.01%coin-img-ETHETH-3.43%coin-img-BTCBTC-2.27%coin-img-SOLSOL-3.49%coin-img-XRPXRP-2.83%coin-img-TOMTOM+54.33%coin-img-BENZBENZ+615.09%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.01%coin-img-ETHETH-3.43%coin-img-BTCBTC-2.27%coin-img-SOLSOL-3.49%coin-img-XRPXRP-2.83%coin-img-TOMTOM+54.33%coin-img-BENZBENZ+615.09%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.01%coin-img-ETHETH-3.43%coin-img-BTCBTC-2.27%coin-img-SOLSOL-3.49%coin-img-XRPXRP-2.83%coin-img-TOMTOM+54.33%coin-img-BENZBENZ+615.09%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.01%

Aave sees $5.4B+ in emergency withdrawals after rsETH exploit; Spark deposits jump

Mei News reported that on April 19 (UTC+8), Ember Monitoring data showed a rush of risk-driven outflows from Aave after hackers illicitly minted rsETH through the protocol and borrowed large amounts of Ethereum. Total emergency withdrawals from Aave have exceeded $5.4 billion. Sun Zhengchen withdrew 65,584 ETH from Aave, worth about $154 million. Onchain borrowing demand has since rotated toward protocols such as Spark, briefly pushing Spark's ETH deposit rate to 130% before easing to around 18%, according to the monitoring data. (Source: Foresight News)
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AAVE
AAVE-20.11%
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ETH-3.45%
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