Aave Pauses Select Markets After Issue, No Funds at Risk
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Aave paused multiple markets on Nov. 4 after reports of an issue affecting a feature. This includes markets on Ethereum, Avalanche, Polygon, Arbitrum, and Optimism.
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No funds are at risk according to Aave. The issue does not impact Aave V3 markets on Ethereum, Base, and Metis.
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Users can still withdraw and repay positions on frozen assets, but can't supply or borrow further assets until resolved.
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Aave will submit a proposal to restore normal operations shortly. A detailed postmortem will come after the issue is resolved.
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The issue does not seem to have impacted the price of Aave's AAVE token significantly.