After the xUSD Crash: Does Aave’s USDe Hardcode Reveal DeFi’s Fatal Flaw?

The recent xUSD crash has sent shockwaves through the DeFi landscape, raising questions about the stability and reliability of decentralized finance protocols. Aave, the largest player in this space, has long been viewed as a conservative and trustworthy option, but this incident may reveal deeper flaws in the system. With over $132 billion managed across various protocols, the implications of this crash could lead to significant changes in how DeFi operates, affecting investors and users alike.