🔗 Crypto & Blockchain

Aave's Inner Circle Crumbles: Token Dives to 2-Year Low as Risk Firm Bails

Aave's token just cratered to a near two-year low. Key departures signal deeper cracks in the DeFi leader's governance.

Aave AAVE token price chart plunging to 2-year low with DAO exit news overlay

⚡ Key Takeaways

  • AAVE token fell to $86, a near 2-year low, down 87% from ATH amid DAO turmoil. 𝕏
  • Chaos Labs exited as risk manager citing losses and scope creep; LlamaRisk now solo. 𝕏
  • Governance centralization driving departures — echoes past DeFi dramas like MakerDAO. 𝕏
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Originally reported by Decrypt

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