Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout

Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout

Aave Leads ‘DeFi United’ Push to Contain $292M KelpDAO Fallout Price data byDecryptNewsDeFiAave Leads ‘DeFi United’ Push to Contain $292M KelpDAO FalloutAave's founder has pledged 5,000 ETH of his own money as a growing DeFi coalition races to contain the fallout from the KelpDAO exploit.By Vismaya VEdited by Stephen GravesApr 24, 2026Apr 24, 20264 min readAave is a decentralized lending protocol. Image: Shutterstock/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Aave and a coalition of DeFi protocols are mounting a coordinated recovery effort dubbed "DeFi United" to absorb bad debt from the April 18 KelpDAO exploit. Commitments span multiple platforms with Aave founder Stani Kulechov contributing 5,000 ETH personally. Mantle has proposed a credit facility of up to 30,000 ETH to support Aave D

Source: https://decrypt.co/365431/aave-leads-defi-united-push-to-contain-292m-kelpdao-fallout