#aaveprotocol
aaveprotocol
712,364 views
487 Discussing
Hot
Latest
The $AAVE situation this week has been a lot to process and I think it deserves more than just a headline.
A $292M Kelp DAO exploit triggered what can only be described as a DeFi bank run. $10 billion left Aave in days. The attacker minted unbacked rsETH, used it as collateral, borrowed real money, and walked out through Thorchain. Clean execution. Brutal outcome for real people who had real funds in there.
But what happened after is what I keep coming back to.
Kulechov put in 5,000 ETH personally. Consensys pledged 30,000 ETH. Mantle, EtherFi, Lido, Arbitrum, Circle, Avalanche, Solana Foundation all showing up. $160M raised toward a $200M target. $303M in total pledges. They called it DeFi United and honestly that name feels earned this time.
From an infrastructure standpoint the real lesson here isn't about Aave. It's about bridges. The LayerZero integration was the entry point. Cross-chain bridges have been the most consistently exploited component in this stack for years and this exploit was sophisticated enough that security researchers are pointing toward North Korea linked groups.
That's not a code review problem. That's a systemic infrastructure problem the ecosystem still doesn't have a clean answer for.
The governance votes still need to pass. The frozen Arbitrum $ETH still needs releasing.
This isn't over yet.
But for the first time I'm watching DeFi respond to a crisis like an ecosystem that understands it has shared infrastructure worth protecting.
Not just individual protocols trying to survive alone.
That's new. And it matters.
#KelpDAO遭攻击 #AaveProtocol
A $292M Kelp DAO exploit triggered what can only be described as a DeFi bank run. $10 billion left Aave in days. The attacker minted unbacked rsETH, used it as collateral, borrowed real money, and walked out through Thorchain. Clean execution. Brutal outcome for real people who had real funds in there.
But what happened after is what I keep coming back to.
Kulechov put in 5,000 ETH personally. Consensys pledged 30,000 ETH. Mantle, EtherFi, Lido, Arbitrum, Circle, Avalanche, Solana Foundation all showing up. $160M raised toward a $200M target. $303M in total pledges. They called it DeFi United and honestly that name feels earned this time.
From an infrastructure standpoint the real lesson here isn't about Aave. It's about bridges. The LayerZero integration was the entry point. Cross-chain bridges have been the most consistently exploited component in this stack for years and this exploit was sophisticated enough that security researchers are pointing toward North Korea linked groups.
That's not a code review problem. That's a systemic infrastructure problem the ecosystem still doesn't have a clean answer for.
The governance votes still need to pass. The frozen Arbitrum $ETH still needs releasing.
This isn't over yet.
But for the first time I'm watching DeFi respond to a crisis like an ecosystem that understands it has shared infrastructure worth protecting.
Not just individual protocols trying to survive alone.
That's new. And it matters.
#KelpDAO遭攻击 #AaveProtocol
Ernesto Bailard Ldn0:
I can't have any faith until try and get in back. a system like this is far to risky for me. Just saying.
🔗 The AAVE token has started trading in the Solana ecosystem following its integration with Sunrise, enabling its use in wallets, DEX, and other applications.
It's important to clarify that this pertains solely to the token and not the Aave lending protocol.
#AaveProtocol #solana #wallet🔥 #DEX #AAVE $AAVE $SOL @Cointelegraph @CoinDesk @CoinMarketCap @Solana Official
It's important to clarify that this pertains solely to the token and not the Aave lending protocol.
#AaveProtocol #solana #wallet🔥 #DEX #AAVE $AAVE $SOL @Cointelegraph @CoinDesk @CoinMarketCap @Solana Official
Big News
Big win for DeFi today. @aave stepping up to handle the @KelpDAO bad debt is the kind of maturity the market needs. 🛡️✨
Security > Hype. $BTC $ETH $AAVE
#DEFİ #AaveProtocol #KelpDAO #CryptoUpdate #rseth
Big win for DeFi today. @aave stepping up to handle the @KelpDAO bad debt is the kind of maturity the market needs. 🛡️✨
Security > Hype. $BTC $ETH $AAVE
#DEFİ #AaveProtocol #KelpDAO #CryptoUpdate #rseth
Feeha_FEEHA:
Meaningful engagement drives better results than frequent but shallow interactions.
🚨Latest Update
$AAVE is currently trading around the $93–$97 range, showing a relatively stable but weak short-term structure. The market is mostly range-bound, with no strong trend confirmed yet. Recent price action indicates mild bearish pressure, as the coin has seen a small weekly decline.
Key resistance lies near $100, and a breakout above this level could push Aave toward $110+. On the downside, losing support may lead to further consolidation or a dip$AAVE .
Overall, Aave is in a neutral-to-bearish phase, waiting for a clear breakout to define its next major move$AAVE
.
#AaveProtocol #USGovernment
$AAVE is currently trading around the $93–$97 range, showing a relatively stable but weak short-term structure. The market is mostly range-bound, with no strong trend confirmed yet. Recent price action indicates mild bearish pressure, as the coin has seen a small weekly decline.
Key resistance lies near $100, and a breakout above this level could push Aave toward $110+. On the downside, losing support may lead to further consolidation or a dip$AAVE .
Overall, Aave is in a neutral-to-bearish phase, waiting for a clear breakout to define its next major move$AAVE
.
#AaveProtocol #USGovernment
#AaveAnnouncesDeFiUnitedReliefFund :
$AAVE just announced the launch of “DeFi United” — a coordinated relief fund to help restore the backing of rsETH after the big Kelp DAO bridge exploit on April 18 that drained around $292 million.
The initiative, led by Aave founder Stani Kulechov, has already seen strong commitments: Stani personally pledged 5,000 $ETH , Mantle added 30,000 ETH, Lido is participating, and multiple other projects have joined. The fund has secured over $220 million in commitments so far (including frozen ETH on Arbitrum and Aave’s own insurance pool), with a public donation site now live.
The goal is to make affected users as whole as possible and limit bad debt spillover across DeFi lending markets, especially on Aave where unbacked rsETH was used as collateral.
It’s one of the fastest and most collaborative self-rescue efforts we’ve seen in DeFi after a major exploit. Whether it fully covers the shortfall or not, the speed and participation show the ecosystem is trying to handle this internally without waiting for external solutions.
The situation is still developing, but this kind of coordinated response is worth watching — it could set a precedent for future incidents.
#AaveProtocol #DeFiUnited #Enformer #defi
$AAVE just announced the launch of “DeFi United” — a coordinated relief fund to help restore the backing of rsETH after the big Kelp DAO bridge exploit on April 18 that drained around $292 million.
The initiative, led by Aave founder Stani Kulechov, has already seen strong commitments: Stani personally pledged 5,000 $ETH , Mantle added 30,000 ETH, Lido is participating, and multiple other projects have joined. The fund has secured over $220 million in commitments so far (including frozen ETH on Arbitrum and Aave’s own insurance pool), with a public donation site now live.
The goal is to make affected users as whole as possible and limit bad debt spillover across DeFi lending markets, especially on Aave where unbacked rsETH was used as collateral.
It’s one of the fastest and most collaborative self-rescue efforts we’ve seen in DeFi after a major exploit. Whether it fully covers the shortfall or not, the speed and participation show the ecosystem is trying to handle this internally without waiting for external solutions.
The situation is still developing, but this kind of coordinated response is worth watching — it could set a precedent for future incidents.
#AaveProtocol #DeFiUnited #Enformer #defi
$AAVE The hashtag #AaveAnnouncesDeFiUnitedReliefFund has gone viral because it represents the largest RESCUE PLAN in the history of decentralized finance. It all started after a massive hack on the Kelp DAO protocol, where the attacker managed to extract nearly $300 million and used those stolen funds as collateral on Aave to borrow real money. This left Aave with an uncollectible debt of about $200 million, triggering massive withdrawals out of fear that the system would collapse.
To stop this crisis and protect users' funds, the community has launched the DeFi United Relief Fund. The big news is that Aave's strongest competitors have decided to team up to cover the financial hole. Protocols like Lido, EtherFi, and the Mantle network have already committed over $100 million in Ether to stabilize the platform. Even Aave's founder put in over $11 million of his own capital.
This fund acts as a shield: the raised money is used to absorb the debt caused by the hacker, allowing the markets to function normally again and letting people withdraw their capital without issues.
It's a historic move because it shows that, in the face of a systemic attack, the industry prefers to unite and rescue itself rather than let panic destroy the trust of all investors.
The hashtag is trending because it marks the end of panic and the beginning of a coordinated recovery. Aave is already stepping out of the danger zone thanks to this massive support, and the market is celebrating it as a testament to the maturity of the crypto ecosystem.
Great news for users of #AaveProtocol
To stop this crisis and protect users' funds, the community has launched the DeFi United Relief Fund. The big news is that Aave's strongest competitors have decided to team up to cover the financial hole. Protocols like Lido, EtherFi, and the Mantle network have already committed over $100 million in Ether to stabilize the platform. Even Aave's founder put in over $11 million of his own capital.
This fund acts as a shield: the raised money is used to absorb the debt caused by the hacker, allowing the markets to function normally again and letting people withdraw their capital without issues.
It's a historic move because it shows that, in the face of a systemic attack, the industry prefers to unite and rescue itself rather than let panic destroy the trust of all investors.
The hashtag is trending because it marks the end of panic and the beginning of a coordinated recovery. Aave is already stepping out of the danger zone thanks to this massive support, and the market is celebrating it as a testament to the maturity of the crypto ecosystem.
Great news for users of #AaveProtocol
Gianlu9:
KLINK
#AaveAnnouncesDeFiUnitedReliefFund
$AAVE The hashtag #AaveAnnouncesDeFiUnitedReliefFund has gone viral as it represents the largest BACKUP PLAN in the history of decentralized finance. It all started after a massive hack of the Kelp DAO protocol, where the attacker managed to siphon off nearly $300 million and used those stolen funds as collateral on Aave to borrow real money. This left Aave with an unrecoverable debt of around $200 million, triggering massive withdrawals out of fear that the system would collapse.
To curb this crisis and protect users' funds, the community launched the DeFi United Relief Fund. The big news is that Aave's strongest competitors have decided to band together to fill the financial gap. Protocols like Lido, EtherFi, and the Mantle network have already committed over $100 million in Ether to stabilize the platform. Even Aave's founder has put in over $11 million of his own capital.
This fund acts as a shield: the raised funds are used to absorb the debt caused by the hacker, allowing markets to return to normal and enabling people to withdraw their capital without issues.
It's a historic move as it shows that in the event of a systemic attack, the industry prefers to unite and save itself rather than let panic destroy the trust of all investors.
The hashtag is trending as it marks the end of panic and the beginning of a coordinated recovery. Aave is already starting to emerge from the risk zone thanks to this massive support, and the market celebrates it as proof of the maturity of the crypto ecosystem.
Great news for users of #AaveProtocol
$AAVE
$AAVE The hashtag #AaveAnnouncesDeFiUnitedReliefFund has gone viral as it represents the largest BACKUP PLAN in the history of decentralized finance. It all started after a massive hack of the Kelp DAO protocol, where the attacker managed to siphon off nearly $300 million and used those stolen funds as collateral on Aave to borrow real money. This left Aave with an unrecoverable debt of around $200 million, triggering massive withdrawals out of fear that the system would collapse.
To curb this crisis and protect users' funds, the community launched the DeFi United Relief Fund. The big news is that Aave's strongest competitors have decided to band together to fill the financial gap. Protocols like Lido, EtherFi, and the Mantle network have already committed over $100 million in Ether to stabilize the platform. Even Aave's founder has put in over $11 million of his own capital.
This fund acts as a shield: the raised funds are used to absorb the debt caused by the hacker, allowing markets to return to normal and enabling people to withdraw their capital without issues.
It's a historic move as it shows that in the event of a systemic attack, the industry prefers to unite and save itself rather than let panic destroy the trust of all investors.
The hashtag is trending as it marks the end of panic and the beginning of a coordinated recovery. Aave is already starting to emerge from the risk zone thanks to this massive support, and the market celebrates it as proof of the maturity of the crypto ecosystem.
Great news for users of #AaveProtocol
$AAVE
Intel Report: The $1B "Banana Feud" – Sun vs. Trump 🍌⚖️
The crypto world is reeling as Tron founder Justin Sun files a massive federal lawsuit against World Liberty Financial (WLFI)—the venture backed by President Donald Trump and his family.
The Core Conflict:
Alleged Blacklisting: Sun claims WLFI illegally froze $1 billion of his tokens using a "backdoor" function and attempted to extort an additional $200 million.
The "Advisor" Fallout: Despite being a lead investor ($45M initial buy) and official advisor, Sun is now locked out of governance votes.
Tether Connection: Simultaneously, Tether froze $344M $USDT on Tron wallets—the largest enforcement in history.
Market Impact:
This isn't just a legal spat; it’s a direct hit to institutional trust in political-crypto ventures. With $292M lost in the recent Kelp DAO exploit and Aave scrambling to bridge bad debt via the "DeFi United" fund, the market is facing a massive "Contagion Risk."
Technical Verdict:
Watch the $TRX /USDT and $AAVE /USDT pairs closely. As liquidity fragments due to legal freezes and exploits, we expect heightened volatility.
Is this a "house cleaning" for the industry or the start of a deep liquidity winter?
#JustinSunSuesWorldLibertyFinancial #TronNetwork #AaveProtocol #Enformer #KelpDAOExploitFreeze
The crypto world is reeling as Tron founder Justin Sun files a massive federal lawsuit against World Liberty Financial (WLFI)—the venture backed by President Donald Trump and his family.
The Core Conflict:
Alleged Blacklisting: Sun claims WLFI illegally froze $1 billion of his tokens using a "backdoor" function and attempted to extort an additional $200 million.
The "Advisor" Fallout: Despite being a lead investor ($45M initial buy) and official advisor, Sun is now locked out of governance votes.
Tether Connection: Simultaneously, Tether froze $344M $USDT on Tron wallets—the largest enforcement in history.
Market Impact:
This isn't just a legal spat; it’s a direct hit to institutional trust in political-crypto ventures. With $292M lost in the recent Kelp DAO exploit and Aave scrambling to bridge bad debt via the "DeFi United" fund, the market is facing a massive "Contagion Risk."
Technical Verdict:
Watch the $TRX /USDT and $AAVE /USDT pairs closely. As liquidity fragments due to legal freezes and exploits, we expect heightened volatility.
Is this a "house cleaning" for the industry or the start of a deep liquidity winter?
#JustinSunSuesWorldLibertyFinancial #TronNetwork #AaveProtocol #Enformer #KelpDAOExploitFreeze
$AAVE has failed to reclaim $100 since the $292M KelpDAO exploit, now sitting around $94.
The token is up just ~7% from its $87 post-crash low, putting its market cap at around $1.4B, still about $300M below pre-exploit levels.
TVL has also taken a major hit, dropping by over $10B in just 3 days as capital continues to exit the protocol.
#AaveProtocol
The token is up just ~7% from its $87 post-crash low, putting its market cap at around $1.4B, still about $300M below pre-exploit levels.
TVL has also taken a major hit, dropping by over $10B in just 3 days as capital continues to exit the protocol.
#AaveProtocol
AAVE LENDERS: THE ESCAPE HATCH IS OPEN! 🏃💨
Stuck in the Aave ETH liquidity crunch? There is finally a way out!
The Crisis: Following the Kelp exploit, Aave ETH utilization hit 100%, leaving lenders unable to withdraw.
The Solution: The "Joint Escape Hatch" recovery portal is now LIVE, built by Fluid and 1inch.
How it Works: Swap your locked aWETH directly into wstETH or weETH at a small 2.21% discount.
Volume: Over 58,000 ETH has already been rescued through this portal in the last 48 hours.
Don't wait for the queue—check the portal now if you're an Aave ETH lender! 🕒
Do follow me to find out about these "hidden" recovery tools! 🚀
#ETH #AaveProtocol #DeFiRecovery #CryptoTips #JointEscapeHatchforAaveETHLenders
Stuck in the Aave ETH liquidity crunch? There is finally a way out!
The Crisis: Following the Kelp exploit, Aave ETH utilization hit 100%, leaving lenders unable to withdraw.
The Solution: The "Joint Escape Hatch" recovery portal is now LIVE, built by Fluid and 1inch.
How it Works: Swap your locked aWETH directly into wstETH or weETH at a small 2.21% discount.
Volume: Over 58,000 ETH has already been rescued through this portal in the last 48 hours.
Don't wait for the queue—check the portal now if you're an Aave ETH lender! 🕒
Do follow me to find out about these "hidden" recovery tools! 🚀
#ETH #AaveProtocol #DeFiRecovery #CryptoTips #JointEscapeHatchforAaveETHLenders
Justin Sun has transferred assets worth a total of $2.13 billion from the Aave protocol to Sky (formerly MakerDAO) and its division Spark Protocol.
They confirm a massive capital movement by Justin Sun, who has consolidated his position as the largest "whale" in the DeFi ecosystem after migrating most of his fortune.
This movement is not a coincidence. It responds to a crisis of confidence and liquidity that is currently affecting Aave. Kelp DAO Exploit: A security incident has been reported at Kelp DAO where an attacker used the rsETH token to drain funds from Aave.
After the Panic at Aave, as a precautionary measure, more than $5.4 billion has been withdrawn from Aave in the last 24 hours. Justin Sun was one of the first to react to protect his assets.
$SKY
$SPK
#JustinSun
#AaveProtocol
#SparkProtocol
They confirm a massive capital movement by Justin Sun, who has consolidated his position as the largest "whale" in the DeFi ecosystem after migrating most of his fortune.
This movement is not a coincidence. It responds to a crisis of confidence and liquidity that is currently affecting Aave. Kelp DAO Exploit: A security incident has been reported at Kelp DAO where an attacker used the rsETH token to drain funds from Aave.
After the Panic at Aave, as a precautionary measure, more than $5.4 billion has been withdrawn from Aave in the last 24 hours. Justin Sun was one of the first to react to protect his assets.
$SKY
$SPK
#JustinSun
#AaveProtocol
#SparkProtocol
🚨 BREAKING NEWS | 19.04.2026 🥵
FLIGHT FROM #AaveProtocol — 6.6 BILLION USD "VANISHING", USDT LOAN INTEREST RATE SOARS TO 15% 📉🏦🔥
The massive flight: In just 24 hours, over 6.6 billion USD has been withdrawn from Aave, with 50% being stablecoins. The TVL of the protocol dropped sharply by 21.6%, now only around 20.7 billion USD (compared to 26.4 billion USD yesterday). 💸🏃♂️
Interest rates surge: Following the massive withdrawal to guard against bad debts (estimated 177 - 200 million USD from the hack #KelpDAO ), the interest rates for USDT and USDC loans have been pushed up to 15%, while deposit rates reached 13.4%.
📈⚠️
The move of the Whale: Justin Sun quickly withdrew 53,660 ETH (~125 million USD) from Aave to transfer to Spark in search of a safer haven. Currently, "Mr. Sun" only holds about 380 million USD at Aave. 🐋🛡️
Crisis of confidence: The simultaneous withdrawal of large investors is putting Aave in the most severe liquidity stress state ever. 🔒🛑 #KelpDAOFacesAttack
$AAVE $ZRO $XPL
FLIGHT FROM #AaveProtocol — 6.6 BILLION USD "VANISHING", USDT LOAN INTEREST RATE SOARS TO 15% 📉🏦🔥
The massive flight: In just 24 hours, over 6.6 billion USD has been withdrawn from Aave, with 50% being stablecoins. The TVL of the protocol dropped sharply by 21.6%, now only around 20.7 billion USD (compared to 26.4 billion USD yesterday). 💸🏃♂️
Interest rates surge: Following the massive withdrawal to guard against bad debts (estimated 177 - 200 million USD from the hack #KelpDAO ), the interest rates for USDT and USDC loans have been pushed up to 15%, while deposit rates reached 13.4%.
📈⚠️
The move of the Whale: Justin Sun quickly withdrew 53,660 ETH (~125 million USD) from Aave to transfer to Spark in search of a safer haven. Currently, "Mr. Sun" only holds about 380 million USD at Aave. 🐋🛡️
Crisis of confidence: The simultaneous withdrawal of large investors is putting Aave in the most severe liquidity stress state ever. 🔒🛑 #KelpDAOFacesAttack
$AAVE $ZRO $XPL
🚨 BREAKING NEWS : AAVE RUNNING OUT OF USDT – CONSEQUENCES FROM THE KELP DAO HACK 📉💥🏦
Liquidity evaporating: Due to the impact of the Kelp DAO attack, the utilization rate of USDT on Aave V3 (Ethereum) surged to 99.99%. Only $400,000 available out of a total of $3.29 billion in deposits. 💸🚫
Plasma network "frozen": The utilization rate reached an absolute 100%. With $1.35 billion in reserves, the remaining liquidity is less than $0.01, making withdrawals nearly impossible. 🧊🔒
Cause: The attacker used assets from the hack as collateral to borrow and deplete USDT, leading to a situation of bad debt and triggering a wave of withdrawals. 🌊🐋
#AaveProtocol is facing the worst liquidity crisis of the year. When the utilization rate hits 100%, lending users are "stuck" in the system!
$AAVE $RAVE $XPL
{future}(XPLUSDT)
{future}(RAVEUSDT)
{future}(AAVEUSDT)
Liquidity evaporating: Due to the impact of the Kelp DAO attack, the utilization rate of USDT on Aave V3 (Ethereum) surged to 99.99%. Only $400,000 available out of a total of $3.29 billion in deposits. 💸🚫
Plasma network "frozen": The utilization rate reached an absolute 100%. With $1.35 billion in reserves, the remaining liquidity is less than $0.01, making withdrawals nearly impossible. 🧊🔒
Cause: The attacker used assets from the hack as collateral to borrow and deplete USDT, leading to a situation of bad debt and triggering a wave of withdrawals. 🌊🐋
#AaveProtocol is facing the worst liquidity crisis of the year. When the utilization rate hits 100%, lending users are "stuck" in the system!
$AAVE $RAVE $XPL
{future}(XPLUSDT)
{future}(RAVEUSDT)
{future}(AAVEUSDT)
Login to explore more contents