
According to Aave, Stani Kulechov, and Kelp, WETH borrowing has resumed across affected markets as coordinated liquidations recovered 17,426.20 rsETH following fallout from Kelp DAO’s April exploit.
Aave said it restored borrowing against Wrapped Ether across affected markets, returning WETH loan-to-value ratios to pre-incident levels as part of its rsETH recovery process linked to fallout from Kelp DAO’s April exploit. Founder Stani Kulechov said the relevant parameters were reinstated across Aave V3 Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. Separately, Kelp said coordinated liquidations recovered about 17,426.20 rsETH, with Compound contributing about 3,000 ETH over the past four weeks and Aave and Euler Finance helping liquidate the attacker’s positions.