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Aave Liquidations Recover 90% After $293M Hack

Aave Liquidations Recover 90% After $293M Hack

2026-05-07

Aave Liquidations Recover 90% After $293M HackThe Aave liquidations provide market stabilization, which follows the Kelp DAO exploit that caused severe damage to decentralized finance operations and resulted in liquidity loss and substantial uncollectable debts for lending services. Galaxy Digital’s vice president of research, Thaddeus Pinakiewicz, said the recovery effort is now close to the finish line. According to him, DeFi […]

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