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via CoinDesk · By CoinDesk Staff
Aave restores ether borrowing limits after $230 million exploit
AAVE
AAVE/USDT
$81.78
+6.35%
$81.78
+6.35%
(24s)24h Volume
$458,572,439.61
24h H/L
$85.21 / $72.09
Change: $13.12 (18.20%)
Funding Rate
-0.0146%
Shorts pay
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CS
CoinDesk Staff(07:05 AM UTC)
1 min read
924 views
0 commentsThe DeFi lending protocol reversed restrictions imposed after April’s $292 million exploit, restoring borrowing capacity across six networks as contagion fears ease.
Lending protocol Aave has restored wrapped ether (WETH) loan-to-value (LTV) ratios across six major networks, reversing emergency restrictions imposed after April exploit that caused over $230 million in tokens to be stolen.
In…
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