Aave and Lido Sit Within $1.7B DeFi Capital Drop After Binance Hack
A reported $1.7 billion contraction in DeFi capital puts Aave’s temporary withdrawal freeze and broader stablecoin liquidity trends in focus.
A reported $1.7 billion contraction in DeFi capital puts Aave’s temporary withdrawal freeze and broader stablecoin liquidity trends in focus. Aave (AAVE) is trading at ₹12,560 ($132.74), up 0.8% since this brief published. This is an original Token Times brief based on reporting by CryptoSlate, with live market data added, as of Thu, 05 Nov 2026 07:15:01 UTC.
The episode illustrates how collateralized lending and large protocol balances can be affected when liquid assets become scarce. Live figures show Aave and Lido still hold substantial combined TVL despite the reported capital decline.
- Reported DeFi capital loss reached $1.7 billion following the Binance hack.
- Aave temporarily froze withdrawals as available cash became scarce.
- Stablecoin contraction was evident before the breach.
- Aave and Lido currently hold a combined $40.65 billion in TVL.
- Mysterious $290M Daily DeFi Withdrawals Trigger Aave Borrowing Rate Spike
- Aave Freezes Lending Markets to Block Binance Hacker Exploitation
- Binance Plans to Resume Withdrawals Within 48 Hours After $6.3B Hack
- Aave Imposes Restrictions Amid Binance-Linked Attack Attempt
- Aave Labs Seeks Regulatory Clarity with SEC Filing on DeFi Framework
- Aave Leads Reported $5.8 Billion USDT Deposit Wave Into DeFi
- Aave and Lido Sit Within $1.7B DeFi Capital Drop After Binance Hack — this brief
CryptoSlate reported a $1.7 billion decline in DeFi capital involving 
Aave and Lido following the Binance hack. The outlet’s account says stablecoin contraction was already visible before the breach, placing the reported drop within a broader tightening of on-chain liquidity rather than presenting it solely as a direct consequence of the incident.
Aave temporarily froze withdrawals during the episode, according to CryptoSlate. The report uses the response to illustrate a central tension in collateralized lending: a protocol can continue supporting loans through collateral while the pool of immediately available stablecoins available for withdrawals contracts.
Authoritative aggregator DeFiLlama currently lists Lido TVL at $23.53 billion, up 5.6% over seven days, and Aave TVL at $17.12 billion, down 1.6% over the same period. Combined, the two protocols account for $40.65 billion in measured TVL, providing current context for the scale of the reported $1.7 billion capital contraction.
The wider crypto market is broadly higher, with total capitalization at $2.75 trillion and 
Bitcoin up 3.32% over 24 hours. The Fear & Greed index stands at 50, classified as Neutral. AAVE is priced at $131.64, gaining 2.13% over 24 hours and 1.20% over seven days, while its market capitalization is $2.03 billion.
Since this brief published about 11 hours ago, Aave (AAVE) has moved from ₹12,455.80$131.64 to ₹12,559.88$132.74 — +0.84%.
The chart plots AAVE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 AAVE ≈ ₹13,475.1 (about $132.74), up 2.1% over 24 hours. The rupee itself trades about 7.3% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 5, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Aave and Lido Sit Within $1.7B DeFi Capital Drop After Binan — questions & answers
How much DeFi capital was reportedly lost?
CryptoSlate reported a $1.7 billion decline in DeFi capital involving Aave and Lido after the Binance hack.
Why did Aave temporarily freeze withdrawals?
CryptoSlate says the freeze occurred while withdrawal liquidity was scarce, highlighting the tension between collateralized lending and available stablecoin cash.
What are Aave and Lido’s current TVL figures?
DeFiLlama lists Aave TVL at $17.12 billion and Lido TVL at $23.53 billion.
How much is 1 Aave worth in rupee today?
About ₹13,475.1 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $132.74. The rupee price moves with both AAVE's US-dollar price and the USDT/INR rate; use our Aave in rupee page for any amount.
Has Aave's price moved since this brief was published?
AAVE is up 0.84% since this brief first published — trading at ₹12,560 ($132.74) now versus ₹12,456 ($131.64) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CryptoSlate. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.