The Aave Guardian is a 4-of-7 multisig with the administrative authority to freeze markets or set asset loan-to-value ratios to zero

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Aave added SPCXc, a Coinbase tokenized stock linked to SpaceX, as collateral for USDC borrowing in its V4 lending market on Base

Aave delegates emergency risk management capabilities to two manual multisig entities called the Risk Stewards and the Guardians

As of November 2026, Llama Risk is developing a risk oracle mechanism for Aave designed to limit borrowing capacity over defined time windows

The attacker in the $6 billion Binance hack opened the Aave loan at the maximum allowable loan-to-value ratio

The attacker in the $6 billion Binance hack supplied 60 million dollars of USDT as collateral into Aave

The $6 billion Binance hack attacker's loan position on Aave entered liquidation as the price of Ether increased

Llama Risk coordinated a war room with Aave Guardian signers to freeze Aave markets following the $6 billion Binance hack

Approximately 35 minutes into the $6 billion Binance exploit, the attacker routed stolen assets through the Aave lending protocol

The attacker in the $6 billion Binance hack borrowed approximately 45 million dollars worth of wrapped Ether against USDT collateral on Aave

Aave operates as an over-collateralized lending protocol where suppliers can withdraw funds while protocol solvency is maintained

During an Aave market freeze, protocol liquidations continue to operate normally

An Aave market freeze halts new borrowing and new collateral deposits while preserving users' ability to repay debt and withdraw assets

The Aave Risk Steward multisig is operated jointly by Llama Risk and Aave Labs

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SEC met with Aave Labs representatives and Winston & Strawn LLP lawyers to discuss the ERC-4626 vault standard, yield generation, and Aave V4 architecture

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Aave Labs, Kamino Foundation, and Veda Tech Labs Inc. released a public summary of their SEC DeFi legal framework submission

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Aave Labs, Kamino Foundation, and Veda Tech Labs Inc. submitted a paper to the SEC's Crypto Task Force proposing a legal framework for DeFi lending

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A governance proposal sought approval to deploy Aave V4 on Monad featuring a lending hub for tokenized stocks, ETFs, and U.S. Treasury bills

The framework submitted by Aave Labs, Kamino, and Veda to the SEC on October 26, 2026 asserts that DeFi lenders earn interest based on published per-unit rates rather than sharing in collective business profits or relying on central entity promises

The Aave Labs, Kamino, and Veda framework paper asserts that decentralized lending markets can continue operating under existing code rules even if a DAO stops making governance decisions

The Aave, Kamino, and Veda legal framework paper submitted to the SEC highlights that mandatory public notice and time delays for DAO governance changes allow users to withdraw assets before new protocol rules take effect