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Aave Faces $6 Billion Deposit Exodus as Kelp Hack Reveals DeFi Lender's Structural Vulnerability
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 Aave 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 fl…
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 staggering $6.6 billion exodus, not due to a direct hack, but rather a consequence of 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. Daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors are fleeing due to Aave's unforeseen …
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, and 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 saw a 16% decline to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Depo…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus Following Kelp Hack, Exposing DeFi Lender's Structural Vulnerability
Aave has experienced a significant exodus of $6.6 billion in deposits, not due to a direct hack, but as a result of a security breach in Kelp's bridge. 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 price dropped 16% to $92, while daily fees surged to $1.99 million amidst a wave…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi 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 structural risk exposed by the Kelp hack. 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 fl…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Structural Vulnerabilities
Aave witnessed a staggering $6.6 billion exodus, not due to a direct hack, but as a result of a cascading effect. 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 widespread liquidations over the weekend. De…
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, 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 price dropped 16% to $92, while daily fees surged to $1.99 million as liquidations swept through the weekend. Depositors ar…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Vulnerability
Aave witnessed a massive exodus of $6.6 billion in deposits, but it wasn't 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. Depo…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lending Risks
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 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. D…
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 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 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.