Aave has restored WETH loan-to-value ratios on Ethereum, Arbitrum, Base, Mantle, and Linea, re-enabling borrowing against the asset following a technical incident.
Aave has restored WETH loan-to-value (LTV) ratios across six blockchain networks, re-enabling users to borrow against WETH collateral and use debt swap functions. The update applies to Aave V3 deployments on Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. Aave founder Stani Kulechov described the restoration as the next phase of the protocol’s rsETH technical recovery plan.
The LTV restoration represents a key milestone in Aave’s response to a prior rsETH-related incident. By restoring WETH borrowing capacity, the protocol allows depositors to unlock liquidity against their ether-based collateral, a core DeFi function that had been restricted during the recovery period.
The rollout across multiple chains underscores the breadth of the incident’s impact and the coordination required to restore full functionality. Aave’s multi-chain deployment means the recovery plan touched assets and users across Ethereum mainnet and layer-2 networks including Arbitrum, Base, Mantle, and Linea.
Sources: Wu Blockchain on X
This article was produced with the help of AI flows.
