According to on-chain analyst Yu Jin, Aave’s total value locked declined from $45.8 billion to $29.6 billion, with reported outflows totaling $16.2 billion.
Aave’s total value locked, or TVL (assets deposited in a protocol), has fallen below $30 billion, according to on-chain analyst Yu Jin. The metric dropped from $45.8 billion before the rsETH event to $29.6 billion, reflecting $16.2 billion in outflows. TVL is a widely used measure in DeFi (blockchain-based finance) to assess the scale of assets committed to lending, borrowing, and liquidity protocols.