News · DeFi
Independent node operators are reconnecting after a Linux patch, leaving an Aave reserve holding roughly $120 million in tBTC frozen to new deposits.
Key point 1 of 3
01
Threshold began restarting its tBTC bridge after an operational pause dating back to Oct. 30 .
Key point 2 of 3
02
About $120 million in tBTC remains frozen to new deposits and collateral borrowing within Aave .
Key point 3 of 3
03
Backing reserves hold roughly 4,320 BTC against 4,185 circulating tBTC, with no detected exploits .
Context
The bridge was paused on Oct. 30 to remediate a critical Linux kernel flaw on operator nodes, leading Aave to freeze the reserve on Oct. 31 as a safeguard against redemption risks.
Why it matters
tBTC holders cannot yet initiate new mints or redemptions, while Aave users holding roughly $120 million in tBTC cannot supply more collateral or expand borrowing capacity.
What to watch
LlamaRisk's upcoming governance proposal to unfreeze the Aave tBTC reserve once full node connectivity is restored.
Sources
Built from 1 primary source, machine-checked before publication.
Keep reading
Read the full story
AI-generated, source-verified. Sources, citations and live prices on the article page.