Aave founder Stani Kulechov denies reports of a $71M Kraken deal at a 70% discount, clarifying revenue flows and previewing Aavenomics 3.0.

The DeFi lender is rebuilding after the fallout from April's KelpDAO exploit sparked a multibillion-dollar exodus of deposits despite Aave itself not being hacked.

Kraken's investment in Aave signals a strategic shift towards DeFi, potentially reshaping financial markets by bridging digital and traditional assets.