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AAVE price drops 26% after $9B outflows linked to Kelp DAO hack

Market News
22 Apr 2026
NewsBTC
View Source
Bearish
pluang ai news

AAVE's price fell sharply by 26% following a massive $9 billion net outflow attributed to a hack involving Kelp DAO. This significant security breach has shaken investor confidence and led to a rapid sell-off. The incident highlights ongoing risks in decentralized finance platforms and may prompt increased scrutiny and security measures. Investors should watch for further developments and potential recovery strategies from AAVE and related projects.

More News (AAVE)

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