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Home»Markets»Aave sees $6 billion deposit drop as Kelp hack exposes structural risk for DeFi lender
Markets

Aave sees $6 billion deposit drop as Kelp hack exposes structural risk for DeFi lender

April 19, 2026No Comments1 Min Read


The AAVE token fell 16% and deposits fled the protocol after attackers used drained rsETH as collateral to borrow wrapped ether, leaving Aave to quantify how much bad debt it is now carrying.

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Aave Billion DeFi deposit drop exposes hack Kelp Lender Risk Sees Structural

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