Aave Protocol Nears Full Recovery After Kelp DAO Exploit: Liquidations Accelerate Debt Resolution
Aave moves significantly closer to full recovery from the Kelp DAO hack, with remaining bad debt now representing just 10% of total losses. Strategic liquidations of rsETH positions across Ethereum and Arbitrum Layer 2 are accelerating the protocol’s debt resolution, demonstrating effective crisis management within decentralized finance infrastructure.
