coin-img-ETHETH-2.72%coin-img-BTCBTC-1.49%coin-img-SOLSOL-2.57%coin-img-XRPXRP-2.53%coin-img-TOMTOM+42.72%coin-img-BENZBENZ+361.85%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-85.31%coin-img-ETHETH-2.72%coin-img-BTCBTC-1.49%coin-img-SOLSOL-2.57%coin-img-XRPXRP-2.53%coin-img-TOMTOM+42.72%coin-img-BENZBENZ+361.85%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-85.31%coin-img-ETHETH-2.72%coin-img-BTCBTC-1.49%coin-img-SOLSOL-2.57%coin-img-XRPXRP-2.53%coin-img-TOMTOM+42.72%coin-img-BENZBENZ+361.85%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-85.31%coin-img-ETHETH-2.72%coin-img-BTCBTC-1.49%coin-img-SOLSOL-2.57%coin-img-XRPXRP-2.53%coin-img-TOMTOM+42.72%coin-img-BENZBENZ+361.85%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-85.31%

Aave Halts rsETH Markets on V3 and V4 After Kelp DAO Bridge Flaw Emerges

Aave said on X that it has frozen rsETH markets on Aave V3 and Aave V4 following a bridging vulnerability tied to Kelp DAO's rsETH. The move blocks new deposits and prevents users from borrowing against rsETH as collateral while the protocol evaluates the situation. Aave noted it is reviewing the available information and will share an update soon. If the incident leads to bad debt, Aave said Umbrella assets would be used to cover any shortfall.
AAVE
AAVE-10.11%
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