Aave liquidates 116,500 rsETH from Kelp DAO attacker

AiCoin2026/05/06 22:46

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According to reports, on May 7, Aave liquidated all 116,500 rsETH positions held by the Kelp DAO attacker. As part of the recovery plan, Aave temporarily manipulated the oracle price through a governance vote to complete the forced liquidation. The collateral from the liquidation will be transferred to the Recovery Guardian multi-signature address managed by DeFi United and used to restore the rsETH asset backing and compensate affected users. Currently, DeFi United has raised more than $320 million. On April 28, suspected North Korean hackers exploited a vulnerability in the LayerZero bridge to mint 116,500 rsETH and conducted cross-protocol lending arbitrage.

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