Blog Details

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

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

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.

Read the full article on CoinDesk ?

Start Trading Today

Join thousands of traders and investors. Discover how specific trading strategies work — and get started with your investment journey.