Aave governance controversy, during which Aave TVL dropped from $36 billion to $26.5 billion

According to on-chain analyst Yu Jin, the governance dispute between the Aave development team and the community has lasted for 3 months, during which Aave's total value locked (TVL) has decreased from $36 billion to $26.5 billion.

Data shows that Sun Yuchen has withdrawn approximately $910 million in stablecoins from Aave and has instead deposited them into Sky and its subsidiary DAO Spark platform. Since the beginning of December, Sun Yuchen's total deposits in Sky and Spark have increased from $570 million to $1.48 billion, with Sky having replaced Aave as his primary deposit platform.