Kelp DAO Vulnerability Triggers Capital Flight, Aave Deposits Plunge by $15 Billion

　　According to BroadChain, at 23:16 on April 22, Cointelegraph reported that since the Kelp DAO cross-chain bridge vulnerability incident, the total deposits in Aave have significantly shrunk, as users withdrew funds due to concerns over how much bad debt related to rsETH the protocol would bear. Data shows that Aave's total deposits have plummeted from a high of approximately $30 billion to about $15 billion, a drop of as high as 50%.

　　This capital outflow primarily stems from the risk of under-collateralization faced by the liquidity restaking token rsETH issued by Kelp DAO after its cross-chain bridge was exploited. Market uncertainty centers on how Aave, as a major lending protocol, will handle the collateral assets related to the problematic rsETH on its platform. This incident has heightened concerns within the DeFi space regarding the risks of liquidity restaking derivatives and may trigger broader ripple effects.