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Tech
Aave Suffers $6 Billion Deposit Exodus Following Kelp Hack, Exposing DeFi Lender's Structural Vulnerabilities
Aave has witnessed a staggering $6.6 billion departure, 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 declined 16% to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors are fleeing because Aav…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Structural Vulnerabilities
Aave has witnessed a staggering $6.6 billion withdrawal, 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 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. Depositor…
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 witnessed a staggering $6.6 billion withdrawal, not due to a direct hack, but as a result of a devastating exploit on Kelp's bridge. 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 liquid…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Decline After Kelp Hack Exposes DeFi Lender's Vulnerabilities
Aave has experienced a significant exodus of $6.6 billion in deposits, 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 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 Vulnerabilities
Aave has experienced a significant exodus of $6.6 billion in deposits, but the cause is not 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 by 16% to $92, while daily fees surged to $1.99 million amidst a wave of liquidations over the weeke…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Vulnerabilities
Aave has experienced a massive exodus of $6.6 billion in deposits, but the reason lies not with Aave itself. 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, and daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors are fleei…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Vulnerabilities
Aave has witnessed a staggering $6.6 billion exodus, not due to a direct hack, but as a consequence of a security breach in Kelp's bridge. The total value locked in Aave 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 skyrocketed to $1.99 million amidst a flurry of liqui…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's 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 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 swept through the weekend. Depositor…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Loss as Kelp Hack Exposes DeFi Lender's Structural Vulnerability
Aave has experienced a massive exodus of $6.6 billion in deposits, not due to a direct hack, but as a consequence of a security breach in the Kelp protocol. The total value locked in Aave dropped from $26.4 billion to nearly $20 billion, with the AAVE token price falling 16% to $92. The daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors are fleeing due to Aav…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Vulnerabilities
Aave witnessed a staggering $6.6 billion withdrawal, not due to a direct hack, but as a result of a cascading effect from the Kelp bridge exploit. The protocol's total value locked plummeted from $26.4 billion to nearly $20 billion, with the AAVE token experiencing a 16% decline to $92 and daily fees surging to $1.99 million amidst widespread liquidations over the weekend. Depositors are fleeing …
April 19, 2026, 2:56 p.m.