Aave announced a major update to its risk management after a $230 million exploit involving rsETH tokens in April 2026. The attack was not due to flaws in Aave's smart contracts but stemmed from a compromised cross-chain bridge used by KelpDAO, which allowed an attacker to mint unbacked tokens and borrow assets fraudulently. This incident revealed weaknesses in traditional DeFi risk models that focus mainly on smart contracts and liquidity, prompting Aave to broaden its risk assessments to include bridge infrastructure and other external dependencies. The protocol has since made nearly 300 parameter changes to reduce exposure and is developing automated safeguards to better manage future risks in the interconnected DeFi ecosystem.
Aave has deployed its latest V4 lending protocol on the Avalanche blockchain, marking the first time this version runs outside Ethereum. This launch extends Aave's new Hub and Spoke architecture to Avalanche, where older V3 markets already exist. Whi...
Aave has deployed its V4 lending platform on the Avalanche blockchain, marking its first expansion beyond Ethereum. This upgrade introduces a Hub & Spoke framework allowing decentralized liquidity sharing with independent risk management, aimed at su...
Aave DAO has proposed an innovative mobile app that integrates fiat currency deposits, self-custody, and decentralized finance (DeFi) lending in one platform. This app allows users to convert fiat to stablecoins and earn yields without needing extern...
Monad has increased its weekly incentives to $75,000 to support liquidity for Agora's AUSD stablecoin on its blockchain. AUSD is a US dollar-backed stablecoin managed by VanEck, with reserves in cash and US Treasury bills. This move follows Monad's r...
Aave has deployed its V4 lending protocol on Avalanche, marking its first expansion outside Ethereum. This launch focuses on institutional lending backed by tokenized real-world assets, using a new Hub and Spoke architecture to enable specialized cre...
