Kelp DAO, Aave Advances rsETH Recovery

AAVE

AAVE/USDT

$86.45

-0.23%

$86.45

-0.23%

(24s)

24h Volume

$47,196,621.59

24h H/L

$87.30 / $85.63

Change: $1.67 (1.95%)

Funding Rate

-0.0000%

Shorts pay

Data provided by COINOTAG DATALive data

AAVE

Daily

$86.45

▲ 0.30%

Volume (24h): -

Resistance Levels

Resistance 3$92.89

Resistance 2$90.28

Resistance 1$88.2933

Price$86.45

Support 1$86.0673

Support 2$82.7703

Support 3$75.2798

Pivot (PP):$86.5767

Trend:Downtrend

RSI (14):40.6

Cointelegraph Staff

(04:33 AM UTC)

1 min read

Verified byJames Mitchell

0 comments

Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s rsETH tokens.

Kelp DAO detailed a post-exploit recovery for its liquid staking token rsETH on Tuesday, confirming that the hacker’s tokens were burned on the layer-2 Arbitrum network.

The 117,132 rsETH, currently worth…