DefiLlama Founder: After Arbitrum Seizes Hacker Funds, Aave's Bad Debt on This L2 Will Be Reduced by at Least 80%
2026-04-21 08:25
Odaily News DefiLlama founder 0xngmi posted on X, stating that after checking the data, if Arbitrum prioritizes using the seized funds for the AAVE market on Arbitrum, with all rsETH sharing the impairment, Aave on Arbitrum will have no bad debt at all; in the case of only guaranteeing the value of rsETH on the mainnet (disregarding the value of the mapped version of rsETH on Layer2), Aave's bad debt on Arbitrum will be reduced by 80%, from $88 million to $17 million.
