How Maker’s Spark and USDC Win Aave’s $10B Split
More than $10 billion was withdrawn from Aave after the Kelp DAO exploit, but the capital is not all in one place. After the ~$292 million exploit broke rsETH’s cross-chain support, users spread their capital to safer and simpler sites rather than moving to a direct replacement. Aave’s total value locked fell by about 40%, […]
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