Cover photo

Aave Fully Restores WETH Markets

Aave restores LTV parameters across all V3 WETH deployments affected by the rsETH exploit, while KelpDAO consolidates bridging support and trims 20 chains.

Aave has fully restored the loan-to-value ratios across all V3 WETH market deployments affected by the rsETH exploit, including Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. Parameters are now set to their pre-incident values. KelpDAO is also consolidating its rsETH bridging support, dropping support for 20 chains effective June 15.

Holders on selected chains are urged to bridge back to Ethereum mainnet, with post-deadline recovery available for a 100 USDC fee. Compound, Euler, and Aave successfully liquidated the attacker's collateral positions. The restorations bring a soft close to the DeFi United recovery initiative.


post image

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created