⚡Aave founder speaks out again: about $70 million in ETH has been recovered, and DeFi is repairing itself



Aave founder Stani Kulechov responded publicly for the first time about the recent events, saying the team is currently working on multiple solutions. The core goal is only one: to protect users’ interests and help the market return to normal order as soon as possible.

He revealed that, through coordination among multiple parties, the Arbitrum Security Council has successfully recovered approximately $70 million worth of ETH, which will clearly reduce the overall risk exposure. The team is currently in discussions with multiple partners to assess different handling options and remains confident in the final resolution path.

Kulechov also emphasized that, at this stage, the most important thing is to address the problem, not to assign blame. The team will also review the entire incident and further optimize protocol mechanisms to reduce similar risks in the future.

In his view, this incident is not just a challenge for Aave—it is an important test for the entire **Decentralized Finance (DeFi)** industry.

Every market shakeout is a filter.
The projects that can go further are never without storms, but they become stronger through the storms.

In the crypto world, the short term is emotion, and the long term is trust. Only protocols that have gone through trials can truly earn time. 🚀
AAVE-2.18%
ETH-3.15%
ARB-3.24%
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