AAVE Sees 64% Flash Crash as DeFi Protocol Endures 'Largest Stress Test'

AAVE, a leading decentralized lending protocol, recently demonstrated its resilience during a significant stress test, processing $180 million in collateral liquidation within just one hour. This event, described by founder Stani Kulechov, showcases the platform's ability to withstand market volatility, which is crucial for maintaining trust in decentralized finance. Such resilience is vital as it reassures users and investors about the stability of DeFi protocols, especially in turbulent times.