Aave has fully restored the loan-to-value (LTV) ratios for Wrapped Ether (WETH) across all six affected V3 networks, including Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. This update allows users to borrow against WETH again, including using collateral and debt swap functions, marking a significant recovery milestone following a previous incident. Aave founder Stani Kulechov confirmed the phased rsETH recovery plan is progressing well, reflecting a careful and structured approach to restoring protocol functionality. This restoration benefits DeFi users by returning normal borrowing operations across key Layer 2 ecosystems and Ethereum deployments.
Following the $292 million KelpDAO exploit in April 2026, the decentralized finance (DeFi) sector has faced significant setbacks, with Aave's total value locked (TVL) plunging 44% from $26.6 billion to about $14.8 billion. This decline reflects a bro...
Multicoin Capital transferred all 286,057 of its AAVE tokens, worth about $26.7 million, to Coinbase Prime, signaling a likely exit from the position. The fund originally bought 338,005 AAVE tokens at an average price of $218 each in late 2025, but t...
AAVE's price slipped toward a crucial support level after Multicoin Capital moved 150,000 tokens amid over $40 million in unrealized losses, raising concerns about institutional selling. Despite repeated attempts to stabilize near $87.60, AAVE remain...
Multicoin Capital bought 338,005 AAVE tokens at an average price of $218 each through Galaxy Digital's OTC desk, investing about $73.7 million. AAVE's price has since dropped roughly 55% to around $97, leaving Multicoin with an unrealized loss exceed...
Cryptocurrency markets display mixed price changes, with Bitcoin trading slightly down at around $79,726 and Ethereum also dipping near $2,260. Some altcoins like Dogecoin and QNT show significant gains, rising over 3% and 7% respectively, while othe...
