coin-img-ETHETH-3.25%coin-img-BTCBTC-2.10%coin-img-SOLSOL-3.25%coin-img-XRPXRP-2.66%coin-img-TOMTOM+63.50%coin-img-BENZBENZ+550.92%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.31%coin-img-ETHETH-3.25%coin-img-BTCBTC-2.10%coin-img-SOLSOL-3.25%coin-img-XRPXRP-2.66%coin-img-TOMTOM+63.50%coin-img-BENZBENZ+550.92%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.31%coin-img-ETHETH-3.25%coin-img-BTCBTC-2.10%coin-img-SOLSOL-3.25%coin-img-XRPXRP-2.66%coin-img-TOMTOM+63.50%coin-img-BENZBENZ+550.92%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.31%coin-img-ETHETH-3.25%coin-img-BTCBTC-2.10%coin-img-SOLSOL-3.25%coin-img-XRPXRP-2.66%coin-img-TOMTOM+63.50%coin-img-BENZBENZ+550.92%coin-img-USDCUSDC-0.01%coin-img-RAVERAVE-91.31%

Aave's ETH utilization hits 100% after KelpDAO incident as whales pull funds

Onchain data from analytics firm Lookonchain (@lookonchain) shows that in the aftermath of the KelpDAO incident, the attacker deposited rsETH into Aave and borrowed ETH, leaving Aave with a bad-debt position. The development has prompted several large holders to quickly withdraw ETH from the protocol. Aave's ETH utilization rate is now at 100%.
Selected
AAVE
AAVE-19.90%
ETH
ETH-3.26%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.