From Aive, borrowed 59.8 billion won for 3 minutes... Rama Risk develops limits by period
Original headline에이브서 3분간 598억원 차입…라마리스크, 기간별 한도 개발
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LlamaRisk, the risk management firm for Aave (AAVE), is developing a mechanism to cap how much can be borrowed within a given time window after a wallet linked to the Binance hack borrowed roughly $44.6 million in WETH from Aave in about three minutes. CEO Adam Sadowski said on the Unchained show "Uneasy Money" that the tool will limit borrowable amounts over a set period, though LlamaRisk has not yet specified the cap size, the window length, or when it will take effect. Unchained reported that LlamaRisk grouped the wallet into an attacker cluster, while Etherscan labels it a Binance hot wallet exploiter. The move matters because Aave is one of the largest DeFi lending protocols, and a single rapid borrow can sharply tighten liquidity and push utilization rates higher across markets. Traders should watch for LlamaRisk's disclosed limit parameters and rollout timing, plus any further large borrows from the flagged wallet cluster.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
LlamaRisk, Aave (AAVE), Binance, Adam Sadowski, WETH
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