In the past week, the liquidation amount of Aave reached nearly $300 million, hitting a record high.

According to the latest data from IntoTheBlock, Aave experienced the largest liquidation in history in the past week, with a liquidation amount close to 300 million US dollars. Due to a 25% drop in ETH, most of the liquidations originated from stablecoin loans collateralized with ETH. The protocol has remained strong, adding $6 million in profit to the Aave DAO