Aave Suffers Continued Outflow of $840 million in TVL Following KelpDAO Hack, Decreasing by Over 30%

AAVE0%

2026-04-20 00:39

BlockBeats News, April 20th, following the KelpDAO hack incident that resulted in around $177 million to $200 million in losses for Aave, a significant number of whales withdrew funds from Aave for precautionary reasons.

According to Defillama data, as a result of this impact, Aave's TVL decreased by approximately 31.7% from around $26.4 billion before the incident to around $18 billion now.

Source: BlockBeats

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