Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
Aave takes the lead in DeFi “patching the gap” to stop losses, triggered by a hack of KelpDAO worth $292 million and the ensuing chain reaction
ChainCatcher reports that Aave, in collaboration with multiple institutions, has launched the “DeFi United” rescue plan to address approximately $292 million in losses caused by the KelpDAO vulnerability attack, aiming to prevent bad debt from spreading.
The attack originated from a vulnerability in the LayerZero integration, where hackers forged uncollateralized rsETH and lent out about $190 million worth of assets on Aave, leading to collateral distortion and a bank run, with the platform’s TVL once evaporating by around $10 billion.
Currently, Lido Finance, EtherFi, and founder Stani Kulechov have proposed capital injection plans; Arbitrum has frozen some funds, but the remaining assets have been transferred via THORChain, making recovery difficult. The current focus is on joint capital injections to “patch the hole” and stabilize the DeFi lending system.