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Aave TVL Plunges $9B Within 48 Hours Amid KelpDAO’s Exploit


Aave TVL Plunges $9B Within 48 Hours Amid KelpDAO’s Exploit

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Aave suffered a near-$9B TVL outflow within 48 hours after an exploit tied to KelpDAO, triggering a sharp liquidity shock in DeFi. - The breach cascaded across the ecosystem, increasing security and contagion risks for protocols, pressuring token prices and exchange liquidity; underscores need for audits, stronger risk management (crypto, DeFi, TVL, exploit, security, DEX/CEX).

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A sharp liquidity shock has hit the decentralized finance (DeFi) ecosystem, with Aave alone losing nearly $9 billion in TVL in just 48 hours. The disruption, triggered by an exploit linked to KelpDAO, quickly cascaded across the ecosystem.

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