Aave Rallies DeFi Partners to Restore rsETH Backing After KelpDAO Exploit
Unchained·60-word summary·1 min read
Aave has launched "DeFi United" to address a rsETH shortfall caused by the $292 million KelpDAO bridge exploit. Partners including Lido, EtherFi, and Ethena committed to cover the losses and restore rsETH backing. The initiative aims to stabilize the affected DeFi ecosystem following the significant security breach in April 2026.
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