WETH markets return to normal operations on Aave amid rsETH recovery progress
Aave has resumed normal operations for WETH borrowing following the recovery progress of rsETH. The temporary freeze on WETH was lifted as the protocol restored loan-to-value ratios to pre-incident levels. This marks a significant step in the recovery plan after a major exploit that impacted the platform's total value locked.
- ▪Aave temporarily froze WETH and other reserves as a precaution after an exploit.
- ▪The protocol has restored loan-to-value ratios for WETH across all affected networks.
- ▪Total value locked on Aave dropped significantly following the exploit but is now showing signs of recovery.
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Written by Stephen Katte, Staff Writer. Reviewed by Felix Ng, Staff Editor. Written by Stephen Katte, Staff Writer. Reviewed by Felix Ng, Staff Editor. WETH markets return to normal operations on Aave amid rsETH recovery progressLatest NewsPublishedMay 18, 2026Aave applied a temporary freeze to WETH as a precautionary safety measure in response to the exploit, alongside freezes on the rsETH and wrsETH reserves. Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues to progress.
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