Key facts
- Aave has restored full liquidity to its lending pools.
- The protocol experienced a $300 million cross-chain exploit.
- A multi-week stabilization effort was undertaken.
Decentralized finance (DeFi) pioneer Aave has announced the full restoration of liquidity to its lending pools. This marks the successful conclusion of a multi-week stabilization effort following a significant $300 million cross-chain exploit. The protocol has now returned to normal operations.