AAVE's pool is finally almost filled, and the price has barely stopped falling on the chart.

Watching the K-line stabilize, many might breathe a sigh of relief, thinking the crisis is over.
But I advise you, don’t celebrate too early.
The apparent halt in decline cannot hide the underlying fragility.
Look at the data, hundreds of billions of funds are quietly flowing out, and the market’s trust base has already shaken.
Relying on “alms” and donations from the entire network to sustain a top-tier project’s life is simply a tragedy of DeFi.
This approach is extremely fragile because it has not truly repaired its risk resistance, only forcibly extended its life through the “kindness” of a few big players.
The most frightening thing is not this crisis, but “the next one”.
This method has not genuinely cleared risks; it is just delaying them.
Once another attack of similar magnitude occurs, the current bad debts will directly pile onto the next.
The snowball gets bigger and bigger, with interest and bad debts expanding like a rolling snowball, and there will come a time when it completely collapses the entire system.
In the end, this is absurd.
A leading project in its field, due to a漏洞 of over 200 million dollars, needs to beg for donations like a beggar.
So I want to ask: what is the “risk reserve fund” that is often hyped up for?
What are those so-called “pledgers” who claim to provide security guarantees and charge high fees supposed to do?
When something goes wrong, it all becomes just a display; isn’t this just naked running?
Through this incident, looking behind the scenes of the entire industry, the truth is cruel:
Currently, many projects on the market do not have the ability to compensate for stolen funds.
Most so-called security mechanisms are just paper tigers in a bull market.
Today, large funds might still rescue AAVE out of a sense of maintaining the ecosystem, but what about those smaller projects tomorrow?
When faced with a black swan of this magnitude, they have no qualification to beg for help; they are simply taken away in one wave and go to zero.
Don’t be fooled by the illusion of a short-term rebound.
Before a genuine security mechanism and compensation model are established, the underlying logic of DeFi remains fragile.
Control your hands, respect risk, and don’t use your own real gold and silver to pay for others’ code vulnerabilities.
$AAVE