# Aave reopens markets it froze after the Binance attacker borrowed 19,762 wrapped ether against stolen USDT

LlamaRisk kept nine assets held by the attacker's addresses, including USDT and USDC, at zero borrowing power and cut idle borrowing capacity on Aave V3 by about $3.7 billion.

- Published: 2026-10-31T05:43:59.168Z
- Canonical: https://polylog.news/crypto/2026-10-31/aave-reopens-markets-it-froze-after-the-binance-attacker-bor
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CryptoSlate](https://cryptoslate.com/aave-reopens-frozen-markets-but-blocks-new-collateral-loans/), [Coin Insider](https://www.coininsider.org/news/aave-freezes-new-deposits-and-borrowing-blocking-collateral-top-ups/), [Altcoin Buzz](https://altcoinbuzz.io/binance-hack-aave-usdt-freeze-ethereum), [TechFlow](https://www.techflowpost.com/en-US/newsletter/142179), [The Crypto Times](https://www.cryptotimes.io/2026/10/30/aave-unfreezes-v3-and-v4-markets-after-binance-hack-keeps-9-tokens-at-zero-ltv/)

On October 29, the Binance attacker deposited $60 million of Tether's USDT into Aave V3. The attacker then borrowed 19,762 wrapped ether (WETH) against it before Aave's emergency limits took effect. The trade worked because deposited USDT s…

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