Aave records $6 billion TVL drop as Kelp hack exposes structural risk at DeFi lender
2M ago•
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The AAVE token fell 16% and deposits fled the protocol after attackers used drained rsETH as collateral to borrow wrapped ether, leaving Aave to quantify how much bad debt it is now carrying.
2M ago•
bullish:
1
bearish:
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