Aave's TVL Depletes by Around $15.1 Billion over 3.5 Days, with Some Funds Flowing into Spark

April 22 — On-chain analyst Yu Jin reports that capital outflows from Aave have persisted since the rsETH incident. Aave’s total value locked (TVL) has dropped from $485 billion to $307 billion, with roughly $15.1 billion exiting over the past 3.5 days — a nearly one-third decline. Performance across other major lending platforms has diverged: - Morpho’s TVL fell from $117 billion pre-incident to $102 billion, totaling outflows of ~$1.5 billion. - Spark’s SparkLend saw its TVL rise from $19 billion pre-incident to $32 billion, posting a countertrend gain of ~$1.3 billion. Spark has attracted some whales and institutional funds that withdrew from Aave, including Justin Sun and a whale that accumulated $5 billion during a February bottom this year.