Currencies37809
Market Cap$ 2.56T-2.53%
24h Spot Volume$ 41.90B+17.8%
DominanceBTC57.33%-0.72%ETH9.37%-1.99%
ETH Gas0.17 Gwei
Cryptorank
/

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


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

Share:

AI Overview

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).

Bearish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

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.

Visit Website

Read the article at The Crypto Basic

In This News

Coins

$ 81.07

-4.72%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 81.07

-4.72%

Funds

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

XRP Has Already Triggered 2 of 3 Conditions That Led to November 2024 Pump

XRP Has Already Triggered 2 of 3 Conditions That Led to November 2024 Pump

XRP has now repeated two of the three steps that eventually led to the 580% price sur...
Cardano Founder Says XRP DeFi Could Grow Faster Than Ethereum by 2027

Cardano Founder Says XRP DeFi Could Grow Faster Than Ethereum by 2027

Cardano founder Charles Hoskinson has projected that XRP DeFi could become the fastes...