KelpDAO Event Causes Whale to Withdraw from Aave, Resulting in 16.78% Drop in TVL
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 19 2026
0mins
Source: moomoo
Hack of Kelpa DAO: The Kelpa DAO was hacked, resulting in a significant amount of ETH being stolen from the platform.
Impact on Total Value Locked: Following the hack, the Total Value Locked (TVL) in Aave dropped to $219.66 billion, marking a 16.78% decrease from the previous day's $263.96 billion.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
