Aave is suspected to have bad debts due to the rsETH attack incident, and the specific amount is currently unknown
Due to the Kelp DAO attacker using stolen rsETH to collateralize and borrow ETH on Aave, Aave is suspected to have bad debts, the specific amount is currently unknown. Aave officially stated: "The rsETH market on Aave V3 and Aave V4 has been frozen. We are reviewing the rsETH borrowing information that occurred on Aave after the attack and will share more details as soon as possible. If the protocol has accumulated bad debts due to this incident, we will explore ways to compensate for the losses."
OKX market shows that AAVE is currently at 105.15 USDT, down 9.56% in the last 24 hours.
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