It can already be considered a systemic black swan.


DeFi's total TVL dropped 10% within a day, and some locked funds are still waiting in line.
Additionally, the amount of funds that cannot be freely withdrawn is quite large.
A simple estimate suggests that Aave WETH is roughly stuck with $6-8 billion, USDT and USDT0 have $4.6 billion, totaling about $11 billion.
In one night, on-chain liquidity was lost by 20%, which can be considered quite catastrophic.
AAVE-1,36%
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