AAVE
Aave is an open source and non-custodial DeFi Protocol which enabling the creation of money markets. Aave’s native cryptocurrency is called LEND. Aave’s UK business entity has been granted an Electronic Money Institution (EMI) license on July 7, according to the FCA.
DeFi United Moves to Restore rsETH Backing After $292M Exploit
DeFi United outlines a recovery plan to restore rsETH backing after the $292M Kelp bridge exploit. Key players include Aave, Consensys, and Arbitrum DAO.
Aave (AAVE) Suffers Historic Liquidity Freeze After rsETH Exploit
A forged LayerZero message drained $292M, triggering a liquidity collapse on Aave. WETH liquidity dropped from $689M to $1.5M in hours.
Aave Pushes Arbitrum to Release Frozen $73M ETH Post-Kelp Hack
Aave urges Arbitrum to unfreeze $73M in stolen ETH, aiming to restore rsETH backing after the $292M Kelp DAO hack.
DeFi Protocols Pledge 43,500 ETH to Recover from $293M Kelp Exploit
DeFi protocols, including Aave and Lido, pledge $101M in ETH to limit fallout from the $293M Kelp DAO exploit. Contagion risks remain a concern.
Aave Deposits Plunge $15B After Kelp DAO Exploit
A $293M exploit on Kelp DAO has triggered a $15B liquidity outflow from Aave, exposing vulnerabilities in DeFi lending protocols.
Kelp Exploiter Launders $175M in Stolen Funds via THORChain, Umbra
Kelp DAO exploiter begins laundering $175M in ETH post $290M hack using decentralized protocols like THORChain. Arbitrum freezes 30,766 ETH.
Aave Proposes Two Paths to Handle $230M Bad Debt From Kelp DAO Hack
LlamaRisk outlines scenarios for allocating losses from the $293M Kelp DAO exploit, with Aave facing up to $230M in bad debt depending on Kelp's decision.
LayerZero Blames Kelp's Single DVN Setup for $290M Exploit as Aave Bleeds $8.9B
LayerZero says Kelp ignored security advice, used single verifier setup enabling $290M hack. Aave TVL drops $8.9B as bad debt mounts and blame game intensifies.
AAVE Token Crashes 20% as $293M Kelp DAO Hack Triggers $8B TVL Exodus
Aave loses $8 billion in TVL after hackers use stolen Kelp DAO funds as collateral, creating $195M in bad debt and freezing $5.1B in stablecoins.
Kelp DAO $293M Exploit Triggers DeFi-Wide Contagion Across 9 Protocols
Kelp liquid restaking hack cascaded through Aave, Compound, and 7 other DeFi platforms. rsETH down 23% as industry debates isolated lending risks.
Kelp DAO Exploited for $293M in Largest DeFi Hack of 2026
Kelp's rsETH bridge drained of $293M as attacker converts stolen funds to ETH. Aave freezes markets, nine protocols impacted in cascading DeFi crisis.
RWA Composability Hits $2.7B as Credit Tokens Dominate DeFi Lending
Only 10% of $27B tokenized RWAs are actively used in DeFi, but credit assets now represent 82% of deposits. Here's where the capital is flowing.
Fireblocks Launches Earn to Let 2,400 Institutions Access DeFi Lending
Fireblocks opens institutional gateway to Aave and Morpho lending protocols, targeting idle stablecoin balances after processing $6 trillion in 2025.
Fireblocks Launches Earn to Let Institutions Generate Yield on Idle Stablecoins
Fireblocks' new Earn product integrates Aave and Morpho protocols, letting institutional clients earn yield on stablecoin holdings with enterprise-grade controls.
BTCS Leverages Aave for Enhanced Digital Asset Treasury Strategy
BTCS Inc. utilizes Aave's onchain lending platform to efficiently manage its Digital Asset Treasury, bypassing traditional financial institutions with lower costs and greater flexibility.