Kelp DAO, Aave Advances rsETH Recovery

AAVE

AAVE/USDT

$133.37

+1.23%

$133.37

+1.23%

(24s)

24h Volume

$184,206,031.06

24h H/L

$140.19 / $131.53

Change: $8.66 (6.58%)

Funding Rate

-0.0038%

Shorts pay

Data provided by COINOTAG DATALive data

AAVE

Daily

$133.48

▼ -0.70%

Volume (24h): -

Resistance Levels

Resistance 3$168.8247

Resistance 2$141.9184

Resistance 1$133.76

Price$133.48

Support 1$130.1467

Support 2$123.4245

Support 3$115.105

Pivot (PP):$132.9467

Trend:Uptrend

RSI (14):65.6

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…