Standard Chartered: rsETH Black Swan Event Unlikely to Change DeFi Supporting $2 Trillion RWA Expectations

CoinFeed reported on April 29th that, according to The Block, Standard Chartered stated in its latest research report that although KelpDAO rsETH suffered a loss of approximately $292 million which flowed into Aave, triggering a similar "bank run" and causing Aave's deposits to decrease by $17 billion (approximately 38%) and active loans to decrease by $5.5 billion (approximately 31%), the damage to the DeFi structure was limited. Aave founder Stani Kulechov and other parties have pledged over $300 million in support to help restore interest rates and net deposits.