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Aave revamps risk management after $290M KelpDA... | Pluang – Crypto, Stocks, Gold & Funds

Pluang • June 10, 2026

In April 2026, a $292 million exploit on KelpDAO’s LayerZero bridge triggered a massive withdrawal of $8.45 billion from Aave within 48 hours, marking the largest liquidity crisis in DeFi history. The crisis forced an emergency bailout of $300 millio...

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Aave Faces $290M Exploit, Implements New Risk Framework In April 2026, a $292 million exploit on KelpDAO’s LayerZero bridge led to a significant liquidity crisis for Aave, resulting in $8.45 billion withdrawn in just 48 hours. This event marked the largest liquidity crisis in DeFi history, prompting Aave to introduce a new risk management framework. Aave founder Stani Kulechov announced this framework on June 10, 2026, which includes four layers: Asset Risk, Bridging Risk, Automated Risk Oracles, and Monitoring. The exploit's impact forced an emergency bailout of $300 million to stabilize the situation. The new framework aims to enhance security and prevent future incidents. Aave's response reflects the growing need for robust risk management in decentralized finance. 2 sources 66

Aave revamps risk management after $290M KelpDA... | Pluang – Crypto, Stocks, Gold & Funds

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