AAVE REBOUND SURGES AFTER $292M HACK RECOVERY 🚀

Kelp DAO and Aave have completed Phase 1 of the $292 million rsETH hack recovery, moving 117,132 rsETH into the LayerZero OFT contract within weeks. Withdrawals will resume 24 hours after the first batch lands, and the protocol is migrating to Chainlink’s CCIP $LINK standard for stronger cross‑chain security.

Whales are watching the re‑capitalization. The fresh influx restores liquidity, trims the $190 M bad debt scar, and signals a confidence boost. Expect tighter spreads and renewed borrowing demand. Keep eyes on $LINK migration – a game‑changer for bridge safety. The next wave could ignite fast.

Not financial advice. Manage your risk.

#DeFi #Aave #CryptoNews #Binance #Recovery

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