Aave Leads DeFi United Coalition After $292 Million KelpDAO Exploit

The KelpDAO exploit has rattled confidence in decentralized finance (DeFi) and sparked a capital exodus, dragging total value locked across the sector from $99.5 billion to $83.7 billion since April 18. Aave is now spearheading a “DeFi United” effort, with support from major protocols, to restore the backing of rsETH, the liquid restaking token at The post Aave Leads DeFi United Coalition After $292 Million KelpDAO Exploit appeared first on BeInCrypto.