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Aave could face up to $230 million in losses after Kelp DAO bridge exploit triggers DeFi chaos

By Margaux Nijkerk | 2026-04-20 21:03:44 | 5 months ago

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Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up to $230 million if confined to Layer 2s, with the final impact depending on how Kelp DAO allocates the shortfall.

keywords : Tech|Ethereum News|Hack|DeFi|News

sentiment : NEGATIVE

category data : CRYPTOCURRENCY | SECURITY INCIDENTS