Aave freezes 292 reserves across V3 and V4 on 20 networks after Binance hack, says protocol unaffected

Aave has frozen 292 lending reserves across V3 and V4 on 20 networks as a precautionary measure after the Binance hot wallet exploit, with founder Stani Kulechov confirming the protocol was not affected and positions remain overcollateralized. The frozen markets make up almost 90% of Aave's total value locked.

Detected & updated continuously · Source: Nebula