DeFiBearishProtos · 4h ago🔥 8/10
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DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
A $290M hack of Kelp DAO's rsETH token via Layer Zero has triggered a $14B liquidity crisis across DeFi lending markets, with multiple platforms including Aave reaching full utilization as users rush to withdraw deposits and lenders face acute capital constraints.
$AAVE