🚨 Update: $AAVE just saw a massive hit, with TVL dropping by $8.45B in the past 48 hours, now sitting around $17.9B.
Across DeFi, total TVL slid from $99.5B to $86.3B in just two days.
What stands out is that Aave alone accounts for roughly 64% of that entire drop.
The biggest lending protocol just wiped out value comparable to a full L1 ecosystem in less than a week.