AAVE
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cryptoAave Recovers 80% of Funds for Kelp DAO Exploit Debt
Aave has successfully raised $160 million towards covering the $200 million bad debt from the Kelp DAO exploit, with major contributions from Mantle and Aave DAO.
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cryptoSolana Foundation Deploys USDT to Aave, Plans AAVE Token on Solana
The Solana Foundation is supporting Aave's recovery efforts by deploying Tether (USDT) into the Aave protocol for the first time. Plans are also in motion to bring the AAVE governance token to the Solana blockchain.
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cryptoKelp DAO Exploit Drains $292M, Aave Faces $196M Bad Debt
A major DeFi exploit at Kelp DAO has resulted in a significant loss of funds, impacting Aave and raising concerns about systemic risks in the Ethereum ecosystem.
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cryptoAptos (APT) Leads Crypto Index Higher With 3.5% Gain
CoinDesk 20 Index sees broad gains with Aptos (APT) and Aave (AAVE) leading the market higher. All assets trade up.
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cryptoAave Founder Stani Kulechov Pledges 5,000 ETH for DeFi Ecosystem Stabilization
Aave founder Stani Kulechov commits 5,000 ETH to DeFi United, joining a collective effort to address the rsETH shortfall and stabilize the decentralized finance ecosystem.
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cryptoLido Finance Proposes $6M Staked ETH to Cover KelpDAO Shortfall
Lido Finance steps in with a $6 million proposal to address the KelpDAO rsETH exploit, aiming to stabilize the DeFi ecosystem and protect user funds.
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cryptoAave Suffers $15B Deposit Flight Post-Kelp Exploit
Aave experiences massive deposit withdrawals following the Kelp DAO exploit, highlighting DeFi's interconnected risks and potential contagion.
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cryptoSPK Surges 80% Amidst Massive DeFi Capital Shift Post-KelpDAO Exploit
Spark Protocol's native asset, SPK, experiences an 80% surge as over $1 billion in DeFi capital flees other protocols following the KelpDAO exploit.