DeFi Intel

Aave Models $124M to $230M in Bad Debt From Kelp Exploit

An Aave incident report models two bad-debt scenarios from the April 18 Kelp rsETH bridge exploit: $123.7 million if losses are socialized across all rsETH holders, or $230.1 million concentrated on L2s, after attackers borrowed about $193 million against stolen rsETH.

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