The project's founder, Stani Kulechov, announced that they had been developing a new system for several weeks with the help of LlamaRisk. The new model includes asset risks, intermediary operations, transaction chain, and enhanced automated risk management capabilities. It will be mandatory for every quarterly audit and significant asset changes. Once adopted, the standard will apply to all markets and assets on the platform. Non-compliant tokens will be excluded from Aave in the coming weeks. After the KelpDAO hack, Aave's TVL adjusted by $8.9 billion (33.7%)—from $26.4 billion to $17.5 billion. It continued to decrease to $12 billion. From its peak in November 2025 ($43.4 billion), this represents a 73.6% decline.
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Aave Introduces New Risk Management System Following $290 Million KelpDAO Hack
The project's founder, Stani Kulechov, announced that they had been developing a new system for several weeks with the help of LlamaRisk. The new model includes asset risks, intermediary operations, t...