Aave avoided collapse, but its $8.45B stress test exposed deeper risks
A stress test that showed both strengths and weaknesses When large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts. Decentralized finance (DeFi) works differently. Aave is one of crypto’s biggest lending platforms. In April 2026, users…