Kelp DAO Attack Triggers Aave Liquidity Crisis, $6.2 Billion Panic Withdrawal

BroadChain has learned that at 04:16 on April 20, according to Decrypt, after attackers stole $291 million in cryptocurrency from infrastructure related to Kelp DAO, DeFi users encountered difficulties withdrawing funds on the Aave platform, triggering market panic. This incident directly triggered a potential withdrawal pressure of up to $6.2 billion on the Aave protocol, exposing the liquidity vulnerability of the DeFi ecosystem under extreme market conditions. This security breach not only severely impacted Kelp DAO but also posed a severe test to the stability and user confidence of the entire DeFi lending market.