Things escalated fast. After the KelpDAO exploiter borrowed 82,600 $ETH (~$195M) on Aave using $RSETH as collateral, bad debt started showing up. That alone is a problem but the reaction is louder. TVL dropped from $26.3B to $20.1B. Over $6B gone. Big players aren’t waiting

ETH-2.38%
AAVE-6.03%
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