Mantle and Aave DAO together contributed 55,000 ETH, or $127 million, as the DeFi United effort to cover bad debt from the $292 million KelpDAO gains momentum.
Posted April 27, 2026 at 6:31 am EST.
Aave’s industry-wide recovery effort to improve the backing of rsETH following the KelpDAO exploit has raised approximately $238 million, according to the effort’s live contribution page as of last check.
Mantle and AAVE DAO, who together raised 55,000 ETH or $127 million are among the largest contributors. The recovery initiative, called DeFi United and led by Aave service providers, was launched last week after the…
