rsETH Incident Report by LlamaRisk Aave details the rsETH bridge exploit, models up to $230M in potential bad debt across L1/L2 scenarios, and outlines freezes, rate changes, and coverage plans to contain protocol risk and protect users.

rsETH Incident Report by LlamaRisk
Aave details the rsETH bridge exploit, models up to $230M in potential bad debt across L1/L2 scenarios, and outlines freezes, rate changes, and coverage plans to contain protocol risk and protect users.

governance.aave •

Revision history

2 recorded changes

Want your article here?

Promote with Leviathan News

More on Aave

Curve's Egorov calls for DeFi security standards after Aave and rsETH hacks, urges Ethereum and Solana Foundations to lead

Curve's Egorov calls for DeFi security standards after Aave and rsETH hacks, urges Ethereum and Solana Foundations to lead

𝕏/@newmichwill ·

Aave unfreezes WETH supply on Ethereum Core V3 after Kelp exploit, LTV stays at 0 with L2 markets frozen

Aave unfreezes WETH supply on Ethereum Core V3 after Kelp exploit, LTV stays at 0 with L2 markets frozen

𝕏/@aave ·

MEXC remains Aave v3's largest USDT depositor at $347M while gradually withdrawing since April 19

MEXC remains Aave v3's largest USDT depositor at $347M while gradually withdrawing since April 19

wublockchain.xyz ·

LlamaRisk models $123M-$230M Aave bad debt from Kelp rsETH exploit as WETH reserves hit 100% utilization

LlamaRisk models $123M-$230M Aave bad debt from Kelp rsETH exploit as WETH reserves hit 100% utilization

Coindesk ·

Avant's avUSD hits -87% interest rate on Aave as contagion spreads to Morpho

Avant's avUSD hits -87% interest rate on Aave as contagion spreads to Morpho

𝕏/@AlphaFolio ·

DeFi sheds $13.2B in TVL over two days following KelpDAO's $292M rsETH exploit, Aave alone down $8.4B

DeFi sheds $13.2B in TVL over two days following KelpDAO's $292M rsETH exploit, Aave alone down $8.4B

Coindesk ·

Curve's Egorov calls for DeFi security standards after Aave and rsETH hacks, urges Ethereum and Solana Foundations to lead

Curve's Egorov calls for DeFi security standards after Aave and rsETH hacks, urges Ethereum and Solana Foundations to lead

𝕏/@newmichwill ·

Aave unfreezes WETH supply on Ethereum Core V3 after Kelp exploit, LTV stays at 0 with L2 markets frozen

Aave unfreezes WETH supply on Ethereum Core V3 after Kelp exploit, LTV stays at 0 with L2 markets frozen

𝕏/@aave ·

MEXC remains Aave v3's largest USDT depositor at $347M while gradually withdrawing since April 19

MEXC remains Aave v3's largest USDT depositor at $347M while gradually withdrawing since April 19

wublockchain.xyz ·

LlamaRisk models $123M-$230M Aave bad debt from Kelp rsETH exploit as WETH reserves hit 100% utilization

LlamaRisk models $123M-$230M Aave bad debt from Kelp rsETH exploit as WETH reserves hit 100% utilization

Coindesk ·

Avant's avUSD hits -87% interest rate on Aave as contagion spreads to Morpho

Avant's avUSD hits -87% interest rate on Aave as contagion spreads to Morpho

𝕏/@AlphaFolio ·

DeFi sheds $13.2B in TVL over two days following KelpDAO's $292M rsETH exploit, Aave alone down $8.4B

DeFi sheds $13.2B in TVL over two days following KelpDAO's $292M rsETH exploit, Aave alone down $8.4B

Coindesk ·

Explore the full feed

Up nextLeviathan Launches Agent Monetization Chat