Recap of the major DeFi events in 2026.4, all verifiable:
KelpDAO's cross-chain bridge was hacked, minting fake rsETH out of thin air, which was then deposited into Aave as collateral to borrow assets, triggering a panic over potential bad debts of $200 million.
Fear spread quickly, and within 4 days, over $10 billion fled from Aave, evaporating nearly $10 billion in TVL, as whales began to exit.
In this critical moment, the entire DeFi sector rallied together, with Lido, Mantle, EtherFi, and Aave DAO freezing the hacker's assets and pooling funds to stabilize the market.
Meanwhile, Spark Protocol, having never launched rsETH, perfectly dodged the bullet and captured $1.3 billion in risk-averse liquidity, significantly boosting its TVL and causing deposit rates to skyrocket, making it the biggest winner from this black swan event.
#defi #DeFi行业能否从Aave攻击中迅速恢复？ $AAVE $AAVE
#Spark $SPK
KelpDAO's cross-chain bridge was hacked, minting fake rsETH out of thin air, which was then deposited into Aave as collateral to borrow assets, triggering a panic over potential bad debts of $200 million.
Fear spread quickly, and within 4 days, over $10 billion fled from Aave, evaporating nearly $10 billion in TVL, as whales began to exit.
In this critical moment, the entire DeFi sector rallied together, with Lido, Mantle, EtherFi, and Aave DAO freezing the hacker's assets and pooling funds to stabilize the market.
Meanwhile, Spark Protocol, having never launched rsETH, perfectly dodged the bullet and captured $1.3 billion in risk-averse liquidity, significantly boosting its TVL and causing deposit rates to skyrocket, making it the biggest winner from this black swan event.
#defi #DeFi行业能否从Aave攻击中迅速恢复？ $AAVE $AAVE
#Spark $SPK