The AAVE-led response and new safeguards underscore the sector's maturity as the bank maintains its $2 trillion RWA outlook. Standard Chartered said the $292 million exploit triggered contagion across decentralized finance, hitting AAVE liquidity. Industry backstop of $300 million helped stabilize deposits and yields. The bank maintained its $2 trillion tokenized RWA forecast by 2028. Decentralized finance (DeFi) was “bent, not broken” after a $292 million exploit on April 18 exposed syste…
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