Aave Releases Post-Mortem on the April 18 rsETH Incident

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Aave released a post-mortem on the April 18 rsETH incident, revealing that Kelp’s rsETH LayerZero V2 bridge accepted a forged message during a Unichain-to-Ethereum transfer. This resulted in 116,500 rsETH being released on Ethereum without corresponding destruction on Unichain. The attackers deposited the stolen rsETH into eight Aave V3 positions, borrowing 82,650 WETH and 821 wstETH. On-chain analysis shows that the stolen rsETH on Arbitrum has been destroyed, with 116,131.72 rsETH replenished in five batches to the LayerZero OFT adapter. rsETH support has now been fully restored, and affected markets have returned to normal.

Huo Xing Cai Jing reports that on May 31, Aave released a post-incident investigation into the rsETH event on April 18, revealing that Kelp’s rsETH LayerZero V2 cross-chain bridge accepted forged messages during the cross-chain transfer from Unichain to Ethereum, resulting in the Ethereum-side adapter releasing 116,500 rsETH without a corresponding burn on the Unichain side. Aave stated that the attack occurred via a third-party cross-chain bridge infrastructure, but the attacker deposited the stolen rsETH into eight Aave V3 positions and borrowed 82,650 WETH and 821 wstETH, impacting Aave markets. Aave noted that the rsETH held by the attacker on Arbitrum has been burned, and the LayerZero OFT adapter has replenished 116,131.72 rsETH in five batches, fully restoring rsETH asset backing. The affected WETH and rsETH markets have returned to normal.

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