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Aave absorbs $8.45B withdrawal wave after rsETH bridge exploit

2026-06-19 15:32:48

Aave maintained operations after about $8.45 billion in capital outflows. The withdrawal pressure followed a KelpDAO rsETH cross-chain bridge exploit that stole about $292 million in assets. Some lending markets briefly saw utilization rates approach 100%, and localized withdrawal restrictions occurred.

AAVE1.85%

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