Aave and Lido lose $1.7B in massive DeFi capital drop after the Binance hack

CryptoSlate · Wed, 04 Nov 2026 19:50:13 GMT

Hype 40/100 · Market impact 40/100 · Breaking 45/100

Tags: DEFI, STABLECOIN

Aave temporarily froze withdrawals after a breach, an episode that showed how collateralized loans can remain in place even when withdrawal cash is scarce, while stablecoin contraction was already apparent before the breach.

Read the full story on CryptoSlate →

Related coverage

DeFi vault regulation splits Aave, Kamino and Veda from Morpho: Details
Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Tron sellers take control at $0.30 as Justin Sun sues World Liberty Financial
Circle's USDC Dominates Stablecoin Market With 79% Share of Transaction Volume
Wirex to Host New Stablecoin Infrastructure Conference, Full Stack London