Aave completes liquidation of $30M hacker positions after $293M KelpDAO exploit, advancing recovery efforts.

Aave has finalized the liquidation of the remaining $30 million worth of rsETH positions linked to the KelpDAO hacker, a key step in recovering from the $293 million exploit in April. Despite this progress, about 10% of the rsETH supply still lacks full Ethereum backing, and a legal dispute over frozen ETH assets held by the Arbitrum DAO poses a challenge. Recovery efforts continue with support from DeFi United and potential contributions from stablecoin issuers. Aave's total value locked (TVL) is rebounding above $15 billion, signaling growing market confidence as the platform navigates legal and community-driven recovery steps.