News listKelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic
Decrypt2026-04-19 18:12:20

Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic

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In brief Earlier today we identified suspicious cross-chain activity involving rsETH. We have paused rsETH contracts across mainnet and several L2s while we investigate. We are working with @LayerZero_Core, @unichain, our auditors and top security experts on RCA. We will keep you… — Kelp (@KelpDAO) April 18, 2026 The Aave situation is bad and getting worse. Multiple other pools are hitting 100% utilization, leaving lenders stuck and the protocol at risk of further bad debt. Lending rates have increased to 10-15%, a notable increase but still not an appropriate reward for the perceived… — Quit (@0xQuit) April 19, 2026
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Published:2026-04-19 18:12:20
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Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic | Feel.Trading