Aave unfreezes WETH supply on Ethereum Core V3 after Kelp exploit, LTV stays at 0 with L2 markets frozen
𝕏/@aave •
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Promote with Leviathan NewsAave partially rolled back its post-Kelp WETH freezes, reopening WETH supply on Ethereum Core V3 while keeping LTV at 0 so no new borrows can open against it. Ethereum Prime plus the Arbitrum, Base, Mantle, and Linea deployments remain frozen. The original precautionary freeze followed the April 18 Kelp DAO bridge exploit that drained ~116.5k rsETH (~$292M) via LayerZero and wiped roughly $6B off Aave TVL as borrowers scrambled for liquidity.
TLDR by @Benthic
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