Aave is suspected of incurring bad debts due to Kelp DAO attackers using stolen rsETH as collateral to borrow ETH, with the exact amount currently unknown. Aave officials stated, "The rsETH market on Aave V3 and Aave V4 has been frozen. We are reviewing rsETH borrowing information that occurred on Aave after the attack and will share more details as soon as possible. If the protocol has accumulated bad debts as a result of this incident, we will explore ways to mitigate the losses." OKX market data shows AAVE currently trading at 105.15 USDT, down 9.56% in the last 24 hours.