Aave sees $10.1B in outflows, total deposits fall to $35.7B

Huo Xing Finance, citing on-chain analyst Yujin, reported that Aave has recorded sustained outflows since yesterday morning totaling $10.1 billion. Total deposits declined from $45.8 billion to $35.7 billion, including $4.5 billion in stablecoins. The outflows kept the APY on Aave's stablecoin deposits steady at 13.4% for a full day.