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Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack

Posted on May 18, 2026
By Cointelegraph
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1 min read

Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack

Aave has restored wrapped Ether borrowing after the Kelp DAO rsETH exploit triggered $195 million in bad debt and forced a freeze on all affected markets.