Circle Ventures snaps up AAVE days after a $293M KelpDAO exploit, shoring up Aave’s bad‑debt shock while Washington weighs a landmark US stablecoin bill.
Aave price drops 16% to $90 after $293M Kelp DAO exploit wipes $8B TVL, while rising open interest and negative funding rates hint at a potential rebound ahead.
Aave is trading around $91, slipping 3–4% in 24 hours as traders derisk DeFi blue chips to chase hotter themes, even though the protocol still anchors more
