Oct 30, 2026 3:27 PM
DeFi’s promise of independence is a myth. Aave just proved that a single hack on a centralized exchange like Binance can freeze the entire protocol, trapping users who never even used Binance. Most outrageously, Aave kept liquidations active while blocking users from adding collateral to protect their positions. You can be wiped out while the system locks you out of your own defense. Is a protocol truly decentralized if it can hold your collateral hostage? What’s your take?
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