Borrow demand on
@aave has remained incredibly strong over the past month.
After the rsETH incident, Aave liquidity dropped by more than 13%.
However, active loans only declined by ~6.6% alongside the broader market correction, still holding around $15.4B in active borrows and outperforming the rest of the lending sector.
This shows that, in the long run, the market still sees Aave as one of the safest places to leverage capital.