AAVE Volatility Surges to 130% Following KelpDAO Exploit; Price Near 90-Day Low
AAVE closed at $94.36 on April 24, just 4.85% above its 90-day low of $89.99, following a $292 million exploit on KelpDAO's bridge on April 18 that triggered a $10 billion TVL outflow from Aave. Annualised 14-day rolling volatility has risen from 53.4% to 130.6%—a +144.5% expansion—reflecting the market's reaction to the exploit and subsequent liquidity crisis. The combination of compressed price cushion and elevated volatility reflects the aftermath of the external shock rather than an organic market shift.
Supporting 6 queries
To surface this insight, Baselight ran 6 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.
Conclusion
AAVE close Apr 24 = $94.36; 90d low = $89.99; gap to 90d low = 4.85%; 7d return = -18.0%; 30d return = -16.2%; annualised vol prior 14d = 53.4%; recent 14d = 130.6%; vol expansion = +144.5%; Apr 24 volume = $155.7M. Catalyst: April 18 KelpDAO bridge exploit ($292M) led to $10B TVL outflow from Aave within 24 hours, triggering liquidity crisis and volatility spike.