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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 withdrawal, 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. Depositors are…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Vulnerabilities
Aave has experienced 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 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. Deposito…
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 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Aave has experienced a significant exodus of deposits, with $6.6 billion withdrawn, not due to a direct hack on the platform, but rather as a result of a security breach in Kelp's bridge. The total value locked in Aave dropped from $26.4 billion to $20 billion, while the AAVE token price fell 16% to $92, and daily fees surged to $1.99 million amidst a wave of liquidations over 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 massive exodus of $6.6 billion in deposits, but the protocol itself was not directly 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 liquidations over the weekend. Depositors are fleeing because …
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 witnessed a staggering $6.6 billion exodus, not due to a direct hack, but as a result of a cascading effect from 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 wave of liquidation…
April 19, 2026, 2:56 p.m.
Tech
Aave Faces $6 Billion Deposit Exodus After Kelp Hack Exposes DeFi Lender's Vulnerabilities
Aave has witnessed a staggering $6.6 billion withdrawal, 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. Depositors are…
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, but this time 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 amidst a wave of liquidations over the …
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, not due to a direct hack, but as a result of a vulnerability 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 wave…
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 massive exodus of $6.6 billion in deposits, not due to a direct hack, but as a result of a clever exploit of 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 widespread li…
April 19, 2026, 2:56 p.m.