LlamaRisk
LlamaRisk executed emergency cap cuts on Oct 29–30 to restore borrowing capacity after the Aave exploit, reducing unused capacity by roughly $3.8 billion. Lower borrowing ceilings and temporary higher‑rate “Slope2” reductions were applied to Aave V3 and V4. GHO borrow‑cap changes queue from 150 M to 105 M GHO for Core and 85 M to 35 M for Prime, cutting 95 M GHO combined. Cap calculations use the higher of pre‑exploit or observation‑time borrowing plus ~2%, targeting lines that exceeded $10 M before the incident. Specific token caps: USDT 2,560 M USDT caps (55.3 M above debt), USDC 2,270 M USDC caps (54.1 M above debt). LlamaRisk also instituted a 10 % borrowing ceiling policy, though Rev1 notes 20 % for Core DAI, 34 % for Core USDtb, etc. New‑borrowing collateral rules after the rollback: USDT, USDC, USDT0, POL, WAVAX, sAVAX, XAUt, PAXG, OP and bridged equivalents keep zero collateral factor on V4, and E‑Mode on V3.· Graphiti 生成的实体摘要
关系变化
按生效时间- LlamaRiskEXECUTESAave V4
LlamaRisk executed lower borrowing ceilings and temporary interest‑rate changes on Aave V4
- LlamaRiskSET FULL UTILIZATION FORCore USDtb
LlamaRisk’s modeled full‑utilization table lists 34 % for Core USDtb
- LlamaRiskSET ZERO COLLATERAL POWER FOROP
The plan keeps OP at zero collateral borrowing power for new borrowing
- LlamaRiskSET ZERO COLLATERAL POWER FORUSDT
The plan keeps USDT at zero collateral borrowing power for new borrowing
- LlamaRiskEXECUTES SLOPE2 REDUCTIONAave
LlamaRisk executed temporary Slope2 reductions on Aave’s borrowing‑rate curve
- LlamaRiskSET ZERO COLLATERAL POWER FORUSDC
The plan keeps USDC at zero collateral borrowing power for new borrowing
- LlamaRiskSET ZERO COLLATERAL POWER FORPOL
The plan keeps POL at zero collateral borrowing power for new borrowing
- LlamaRiskMARKED EXECUTED WAVE FORAave V4
Only the V4 collateral‑configuration wave was explicitly marked as already executed in the 13:49 UTC update
- LlamaRiskSET ZERO COLLATERAL POWER FORUSDT0 protocol
The plan keeps USDT0 at zero collateral borrowing power for new borrowing
- LlamaRiskSET ZERO COLLATERAL POWER FORPAX Gold
The plan keeps PAXG at zero collateral borrowing power for new borrowing
- LlamaRiskSET FULL UTILIZATION FOREthereum Core frxUSD
LlamaRisk’s modeled full‑utilization table lists 19 % for Ethereum Core frxUSD
- LlamaRiskDESCRIBES OVERCOLLATERALIZED POSITION OFAave
LlamaRisk’s initial assessment described the exploiter’s Aave position as overcollateralised and subject to normal liquidation
- LlamaRiskSET ZERO COLLATERAL POWER FORXAUT
The plan keeps XAUt at zero collateral borrowing power for new borrowing
- LlamaRiskSET ZERO COLLATERAL POWER FORWAVAX
The plan keeps WAVAX at zero collateral borrowing power for new borrowing
- LlamaRiskSET FULL UTILIZATION FORMonad mUSD
LlamaRisk’s modeled full‑utilization table lists 25 % for Monad mUSD
- WETHINCLUDED IN SIZINGLlamaRisk
WETH’s 19 762‑WETH loan was included in LlamaRisk’s sizing basis for the exploit assessment
- LlamaRiskSET FULL UTILIZATION FORCore DAI
LlamaRisk’s modeled full‑utilization table lists 20 % for Core DAI
- LlamaRiskEXECUTESAave V3
LlamaRisk executed lower borrowing ceilings and temporary interest‑rate changes on Aave V3
- LlamaRiskSET ZERO COLLATERAL POWER FORsAVAX
The plan keeps sAVAX at zero collateral borrowing power for new borrowing
- LlamaRiskRECOMMENDSEthena Ecosystem Spoke
LlamaRisk recommends the Ethena Ecosystem Spoke
- LlamaRiskRECOMMENDS COLLATERAL FACTOR FORUSDe
LlamaRisk recommends a 93% collateral factor for USDe
- LlamaRiskASSESSEDBabylon Labs
LlamaRisk’s Oct 23 pre‑listing assessment evaluated Babylon Labs’ proposal.
- LlamaRiskRECOMMENDED COLLATERAL FACTOR FORSPCX
LlamaRisk recommends a 55% collateral factor for SPCXc
- LlamaRiskPROPOSED COLLATERAL RISK PREMIUM FORSPCX
LlamaRisk proposes a 1,000 basis point collateral risk premium for SPCXc
- LlamaRiskPROPOSED MAXIMUM LIQUIDATION BONUS FORSPCX
LlamaRisk proposes a 6.5% maximum liquidation bonus for SPCXc
- LlamaRiskISSUED RECOMMENDATION ONaEthUSDT token
LlamaRisk issued an Oct. 20 recommendation on the supply balance of aEthUSDT
- LlamaRiskASSESSEDSPCX
LlamaRisk published its assessment of the listing of SPCXc on October 15
关系是 Graphiti 从报道中提取的事实陈述，不是原文引述；失效时间表示后来的报道显示这条关系已不成立。
相关事件 3
来源报道 5
- Aave 重新开放冻结市场，但阻断新抵押贷款CryptoSlate · 2026-10-31
- Ethena Pay发布11倍杠杆Earn+ vault，USDT计价或掩盖USDe贬值风险CryptoSlate · 2026-10-29
- 3 payment rules control Aave’s native Bitcoin market, but only WBTC settles themCryptoSlate · 2026-10-27
- Aave 降低 USDT 借贷门槛，借贷成本提前上升CryptoSlate · 2026-10-24
- SpaceX 1940亿美元股份解锁暴露Aave代币化股权的主要风险CryptoSlate · 2026-10-21