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Aave's TVL tanks $8B a day after $293M Kelp DAO hack

The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Aave's TVL tanks $8B a day after $293M Kelp DAO hack

The Aave token fell nearly 20% to $89.5 in just over 24 hours as users withdrew billions of dollars from the lending protocol.

Why this matters

Aave is showing up inside the Security Incidents theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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