$282.9M lost this week $2.0B lost in 30 days $95.2B lost this year
Aave founder Stani Kulechov stated that Aave v3 remained unaffected after an attacker exploited a third-party adapter, draining approximately $305,000 from two Safe multisig wallets.
A report by Kairos Research examines GHO and sGHO as potential backing assets for USDe, noting that while GHO's peg has held and Aave is overcollateralized, there are concerns about exit liquidity. The report highlights an asymmetry between minting and redemption capacities in Aave's stability modules, with exit capacity being significantly lower than minting capacity, particularly on the Ethereum chain.
GHO Stewards are proposing parameter updates to address GHO's persistent discount below par. These include raising the Horizon borrow rate, adjusting GHO Stability Module (GSM) burn fees for USDC and USDT, and increasing GSM capacity on Monad Network to support greater GHO minting volume.
Aave's Total Value Locked (TVL) has decreased by 43% since the KelpDAO cross-chain bridge hack, causing Aave to lose its top TVL spot.
Source: Protos (opens in a new tab)