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Tech
Aave Faces $6 Billion Deposit Exodus Following Kelp Hack, Exposing DeFi Lender's Structural Vulnerabilities
Aave has witnessed a staggering $6.6 billion exodus, not due to a direct hack, but as a consequence of a broader DeFi vulnerability. The protocol's total value locked plummeted from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, according to DefiLlama. The AAVE token price dropped 16% to $92, while daily fees surged to $1.99 million amidst a flurry of liquidations over …
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Withdrawal Following Kelp Hack, Exposing DeFi Lender's Structural Vulnerabilities
Aave has witnessed a massive exodus of $6.6 billion in deposits, not due to a direct hack, but as a result of a broader DeFi vulnerability. The protocol's total value locked plummeted from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, according to DefiLlama. The AAVE token suffered a 16% decline to $92, while daily fees surged to $1.99 million amidst a wave of liquidat…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Structural Vulnerability
Aave witnessed a massive $6.6 billion exodus, not due to a direct hack, but as a result of a security breach in Kelp's bridge, which allowed attackers to drain 116,500 rsETH and use it as collateral on Aave V3 to borrow wrapped ether. The total value locked in Aave dropped from $26.4 billion to nearly $20 billion, while the AAVE token price fell 16% to $92, and daily fees surged to $1.99 millio…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus Amid Kelp Hack, Exposing DeFi Lender's Structural Vulnerability
Aave has witnessed a massive exodus of $6.6 billion in deposits, and it's not due to a direct hack on the platform. The protocol's total value locked plummeted from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, according to DefiLlama. The AAVE token suffered a 16% decline to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Deposi…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Vulnerability
Aave has experienced a significant exodus of $6.6 billion in deposits, but this was not due to a direct hack on the platform. The total value locked in the protocol dropped from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, according to DefiLlama. The AAVE token price fell 16% to $92, while daily fees surged to $1.99 million as liquidations occurred over the weekend. D…
April 19, 2026, 2:56 p.m.
Tech
Aave Sees $6 Billion Plunge in TVL as Kelp Hack Reveals DeFi Lender's Vulnerability
Aave has suffered a massive exodus of $6.6 billion in total value locked, but it wasn't due to a direct breach of the protocol. According to DefiLlama, the TVL dropped from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, with the AAVE token price plummeting 16% to $92 and daily fees surging to $1.99 million amidst a flurry of liquidations over the weekend. Depositors are…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus Following Kelp Hack, Exposing DeFi Lender's Structural Vulnerabilities
Aave has experienced a massive exodus of $6.6 billion in deposits, but it's not due to a direct hack on the platform. The total value locked in the protocol plummeted from $26.4 billion on April 18 to nearly $20 billion by Sunday morning, according to DefiLlama. The AAVE token saw a 16% decline to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors …
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus Following Kelp Hack, Exposing DeFi Lender's Structural Vulnerabilities
Aave witnessed a staggering $6.6 billion exodus, not due to a direct hack on the platform. The protocol's total value locked plummeted from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, according to DefiLlama. The AAVE token suffered a 16% decline to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors are fleeing because …
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus as Kelp Hack Exposes DeFi Lender's Structural Vulnerability
Aave has witnessed a staggering $6.6 billion withdrawal, but it's not due to a direct hack on the platform. The protocol's total value locked plummeted from $26.4 billion on April 18 to approximately $20 billion by Sunday morning, according to DefiLlama. The AAVE token suffered a 16% decline to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors are…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Structural Vulnerability
Aave has witnessed a massive exodus of $6.6 billion in deposits, but the protocol itself was not hacked. The total value locked in Aave dropped from $26.4 billion on April 18 to nearly $20 billion by Sunday morning, according to DefiLlama. The AAVE token price fell 16% to $92, while daily fees surged to $1.99 million due to widespread liquidations over the weekend. Depositors are fleeing because …
April 19, 2026, 2:56 p.m.