The Ethereum stablecoin and tokenized fund market has contracted by 19%, dropping from $206.7 billion to about $168 billion since the KelpDAO hack in April 2026. Attackers exploited a single LayerZero verifier node to mint $292 million in unbacked tokens, triggering liquidity issues across DeFi platforms like Aave. This event has caused a shift in investor confidence, reducing capital in higher-risk yield products and raising concerns about cross-chain bridge security. The ongoing lawsuit against LayerZero Labs and the stablecoin supply's stability will be key to watch for future market recovery.
Aave's market cap stands at Rp37.16 trillion with a 24-hour trading volume of Rp4.93 trillion as of Nov 10, 2026, 02:41 WIB. Despite the Ethereum stablecoin and tokenized fund market cap dropping 19% to about $168 billion, Aave's price on Pluang has risen by 2.59% in the last day, showing some resilience in the DeFi sector amid ongoing security concerns. Pluang users show strong buying interest with 88% buy orders and a typical hold time of 107 days.
Threshold Network has resumed the tBTC bridge operations after a nine-day pause caused by a security maintenance addressing a Linux kernel vulnerability. While patched node operators are reconnecting and onchain operations have restarted, new deposit...
Threshold Network has paused new Bitcoin (BTC) deposits, tBTC minting, and redemptions since October 31, waiting for enough operators to return before resuming redemptions. Existing tBTC tokens remain transferable and usable despite the pause. Meanwh...
Aave Labs has acquired fixed-rate lending startup Avon to expand its decentralized finance offerings, including Avon's lending protocols and onchain order book. This move aims to introduce fixed-rate loans, providing borrowers with predictable repaym...
Aave's risk manager, LlamaRisk, is developing time-based borrowing limits following a significant borrowing event where a wallet linked to Binance hot-wallet exploiters borrowed about $44.6 million in Wrapped Ether (WETH) within minutes. CEO Adam Sad...
Payward's affiliated fund, Digital Asset Special Investments I, LP, has strategically acquired AAVE tokens via secondary market transactions. This move strengthens institutional confidence and backing for the decentralized lending platform AAVE. The ...
