Aave could face up to $230 million in losses after Kelp DAO bridge exploit triggers DeFi chaos

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Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up to $230 million if confined to Layer 2s, with the final impact depending on how Kelp DAO allocates the shortfall.

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Original article published by CoinDesk on April 21, 2026.
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