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Aave Still Down $8 Billion After Five Months

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AAVE
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Aave, a decentralized lending protocol, is still reeling from the effects of the Kelp hack that occurred five months ago.

The incident resulted in an estimated $8 billion loss for Aave, with the exact extent of the damage yet to be determined.

Despite efforts to recover, the full impact of the hack remains unclear, leaving investors and users alike on edge.

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