Avant's avUSD hits -87% interest rate on Aave as contagion spreads to Morpho
𝕏/@AlphaFolio •
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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
wublockchain.xyz ·
LlamaRisk models $123M-$230M Aave bad debt from Kelp rsETH exploit as WETH reserves hit 100% utilization
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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 ·
DeFi sheds $13.2B in TVL over two days following KelpDAO's $292M rsETH exploit, Aave alone down $8.4B
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