Aave faces $8.45 billion outflow after $292 million hack
Recent attacks on decentralized finance (DeFi) platforms have reignited debate over the systemic risks posed by open blockchain protocols. Central to these discussions are the dramatic events of April 2026, when a $292 million hack targeting the KelpDAO bridge was followed within 48 hours by a staggering $8.45 billion withdrawal from the Aave DeFi lending platform.