The founder of the largest DeFi platform blamed "third-party” entities for decentralized finance’s vulnerabilities, while independent data highlights severe gaps in Aave’s own risk architecture. A $292 million exploit of KelpDAO’s LayerZero bridge in April 2026 triggered an $8.45 billion, 48-hour deposit run on Aave, exposing the vulnerability of major DeFi platforms to bank-run-style stress. Aave survived the crisis only after a chaotic, human-led $300 million emergency bailout, including 25,0…
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