CryptoMedium•4 November 2026•
1 min read
Aave and Lido TVL Drops $1.7B Following Binance Hack
Key Facts
1Aave recorded a decline of approximately $1 billion in total value locked following the Binance security breach.
2Lido saw a $713 million decrease in capital as a result of the hack's aftermath.
Aave recorded a decline of approximately $1 billion in total value locked following the Binance security breach. CryptoSlate reported that the Lido protocol also saw a $713 million decrease in capital as a result of the hack's aftermath.
The massive drop in capital reflects a flight to safety and liquidity withdrawals by DeFi users reacting to the systemic risk posed by the Binance security breach. Aave and Lido experienced a combined capital outflow of approximately $1.7 billion on November 4, 2026, following the $6.3 billion Binance hack.