DeFi United Rescue Drive Tops 69,618 ETH, Worth $161M
Mars Finance reported that, after the April 18 rsETH incident, the DeFi United coordinated rescue effort led by Aave service providers has raised $161.53 million, or about 69,618 ETH. The initiative is designed to help restore rsETH collateral impacted by the Kelp DAO bridge attack and to bolster liquidity across multichain markets.
Notable commitments include Aave founder Stani Kulechov's personal pledge of 5,000 ETH, EtherFi's proposed 5,000 ETH contribution, Lido Finance's proposal to provide up to 2,500 stETH, and a 1,000 ETH contribution from the Golem Foundation. Mantle, Ethena, Ink Foundation, LayerZero, Tydro, and BGD Labs are among the protocols that have publicly joined or voiced support.