Aave

AAVE 24 Hour Move

-4.62%

$97.04 → $92.56

Why Aave is down 4.6% today

Analysis

Aave (AAVE) fell 4.6% over the past 24 hours as investors reacted to news that Aave and Compound are working on a technical plan to address fallout from the reported $290M Kelp DAO hack/exploit. The incident and the remediation effort likely increased near-term risk concerns around DeFi integrations and exposure, pressuring AAVE alongside broader caution in the sector.

Contributing Factors (1)

Decrypt Hack/Exploit 1 day ago

Aave, Compound Unveil Technical Plan to Address Fallout From $290M Kelp DAO Hack

Major DeFi protocols outlined technical steps to eliminate bad debt and restore full backing for exploited rsETH tokens.

Confidence

84%

Read source

Move Details

Asset Aave

Symbol AAVE

Direction ↓ Bearish

Timeframe 24 Hours

Start Price $97.04

End Price $92.56

Change -4.62%

Detected Apr 30, 2026 8:25 AM

Explanation Confidence

84%

High confidence in the explanation based on source reliability and timing.

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