DeFi protocol Aave restores pre-incident WETH LTV levels across six networks, enabling borrowing against the asset again.
Aave has reinstated WETH loan-to-value ratios to their pre-incident levels, allowing users to borrow against the asset across multiple networks. The update follows the completion of the rsETH technical recovery plan’s initial phase, as confirmed by the protocol’s founder.
The change applies to Aave V3 deployments on Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. Users can now utilize WETH for collateral and debt swap functions, which were previously restricted due to the rsETH-related disruption.
No immediate market reaction was specified, but the move is expected to restore liquidity and borrowing capacity for affected users.