$1B Flows Into SparkLend as Aave TVL Drops Post-Kelp Exploit

Following the Kelp bridge exploit on April 18, the DeFi lending landscape is undergoing a massive restructuring. Data from DefiLlama reveals that the SparkLend protocol recorded an inflow of over $1.4 billion in deposits, raising its Total Value Locked (TVL) from $1.89 billion to $3.3 billion as of April 22, 2026.

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