Aave, a leading DeFi lending protocol, is now considered too important to fail, similar to major banks in the 2008 crisis, according to Messari analyst Eric Manoukian. After the rsETH exploit, over $300 million was voluntarily pooled by various DeFi projects to protect Aave depositors, showcasing DeFi's ability to self-support without government intervention. Despite a 45.1% drop in total value locked, Aave holds nearly half the market share among top lending protocols and is expected to strengthen with upcoming developments like the V4 rollout and new retail app. The community is watching AAVE's price closely, as a break below $92 could trigger further declines.
Kelp DAO has completed the recovery of its rsETH token following a $293 million exploit in April 2026 linked to North Korea's Lazarus Group. The final batch of rsETH was transferred to the LayerZero OFT adapter, restoring full cross-chain bridge func...
Kelp DAO has finished the operational phase of its recovery plan for rsETH after a $293 million hack linked to North Korea’s Lazarus Group in April. The protocol restored token backing by transferring the final batch of rsETH and resumed normal minti...
Babylon Labs has submitted a proposal to Aave DAO to integrate native Bitcoin (BTC) as collateral on Aave V4 using Trustless Bitcoin Vaults, eliminating the need for bridges or custodians. This integration aims to utilize Aave's $5 billion supply of ...
Kelp DAO has finalized its recovery plan after a $292 million exploit that compromised rsETH tokens on its Ethereum bridge. The final batch of 20,373.72 rsETH was sent to the LayerZero OFT adapter, restoring normal operations including minting, redem...
Babylon Labs proposed an Aave V4 integration enabling borrowing against native Bitcoin collateral directly on the Bitcoin network, avoiding wrapped BTC, bridges, and custodians. The system uses Taproot-based vault scripts and introduces a non-transfe...
