Aave loses $15B in days as KelpDAO exploit triggers DeFi exodus

Aave saw outflows of $15.1 billion over just three-and-a-half days following the KelpDAO rsETH scandal. Deposits on the top lending platform fell to $30.7 billion from $48.5 billion ahead of the scandal on April 18, down by about one-third from their previous level. Aave and Morpho lost significant deposits, while SparkLend by MakerDAO saw inflows […]