$rsETH’s bridge shock just exposed the weakest part of DeFi 🔥
The exploit drained around 116,500 rsETH, or nearly $293 million, and the spillover was immediate: wrapped exposure across chains got hit, while Aave and other major protocols froze related markets to slow the spread. What was once a single incident is now a system-level trust event, and that kind of pressure usually changes how liquidity moves long before the chart fully catches up.
Not financial advice. Manage your risk and protect your capital.
#DeFi #Ethereum #CryptoNews #BridgeRisk #Aave
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The exploit drained around 116,500 rsETH, or nearly $293 million, and the spillover was immediate: wrapped exposure across chains got hit, while Aave and other major protocols froze related markets to slow the spread. What was once a single incident is now a system-level trust event, and that kind of pressure usually changes how liquidity moves long before the chart fully catches up.
Not financial advice. Manage your risk and protect your capital.
#DeFi #Ethereum #CryptoNews #BridgeRisk #Aave
✦