Following a $290 million exploit of the KelpDAO rsETH bridge in April, Aave founder Stani Kulechov announced a new risk framework for the protocol. This framework introduces four key layers: Asset Risk, Bridging Risk, Automated Risk Oracles and Monitoring, and Chain Risk, aimed at improving how Aave evaluates and controls risks across its platform. The new guidelines will apply to all assets and markets on Aave V3, V4, and Aave Horizon, with non-compliant assets set for removal. This move is designed to prevent future exploits and strengthen security after the significant loss and subsequent impact on Aave’s price and total value locked (TVL).
Mastercard introduced Agent Pay for Machines (AP4M), a new program allowing AI agents to autonomously conduct high-speed, low-cost payment transactions. Supported by over 30 partners including Aave, Coinbase, OKX, Polygon, Ripple, and Solana, AP4M co...
After a $292 million exploit in April that drained rsETH via a single-verifier bridge, Aave is implementing a new four-layer risk framework across its platforms. Key changes include requiring at least three independent verifiers for any bridge route,...
Following the $292 million KelpDAO bridge exploit in April, Aave founder Stani Kulechov announced a new four-layer risk framework designed to improve security across Aave V3, V4, and Horizon. The framework, prepared by LlamaRisk, includes mandatory m...
Following a $290 million breach of the KelpDAO rsETH bridge, Aave has introduced a comprehensive risk management framework to strengthen security across its lending platform. The new protocol sets unified standards for asset security, bridge vulnerab...
In April 2026, a $292 million exploit on KelpDAO’s LayerZero bridge triggered a massive withdrawal of $8.45 billion from Aave within 48 hours, marking the largest liquidity crisis in DeFi history. The crisis forced an emergency bailout of $300 millio...
