Aave Still Has an $8 Billion Hole Five Months After the Kelp Hack
Five months after the Kelp hack, Aave still has a balance-sheet-sized reminder of what went wrong: deposits remain about $8 billion below where they stood before the exploit.Aave held roughly $26.1 billion in deposits on April 17, the day before the attack. By September 10, that figure had fallen to $18.1 billion, according to DefiLlama.That gap is striking for another reason. Aave’s own lending software did not break.The problem arrived from somewhere else: a token used as collateral carr
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