# AAVE, the native token of the Aave DeFi platform, is now available on the Solana network.

*web3 · news · 2026-04-27 · CryptoSlate*

## Key points

- AAVE has been launched on the Solana blockchain, giving Solana users direct access to Aave lending.
- The Solana Foundation is lending USDT to Aave to support recovery after the KelpDAO rsETH exploit.
- The April 18 KelpDAO exploit caused $292 million in outflows, impacting Aave, Compound, and Euler.
- Nearly $240 million in commitments have been pledged to DeFi United to recover from the exploit.
- Solana’s intervention marks a rare cross-chain effort, signaling deeper collaboration between blockchains during crises.

**Companies:** Aave, Solana Foundation
**Countries:** United States

[Read the full story on CryptoSlate](https://cryptoslate.com/latest-290m-exploit-hit-defi-so-hard-it-forced-aave-onto-solana-as-part-of-rescue-efforts/)

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