Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses

Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses

Aave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses Price data byDecryptNewsDeFiAave-Led 'DeFi United' Relief Effort Raises $300 Million to Cover Kelp DAO Exploit LossesThe Aave-led relief effort has gained widespread support, securing enough commitments to replenish the swiped funds.By André BeganskiEdited by Andrew HaywardApr 27, 2026Apr 27, 20263 min readEthereum. Image: Decrypt/ShutterstockCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday. The coordinated relief effort has drawn participation from across the crypto industry, including contributions from Consensys and the Avalanche Foundation. The total amount raised was contingent

Source: https://decrypt.co/365724/aave-led-defi-united-relief-effort-raises-300m-kelp-dao-losses