Aave leads $101M DeFi rescue effort to restore rsETH backing after Kelp hack

Posted On April 24, 2026

Decentralized finance protocols have pledged more than $101 million in Ether to stabilize rsETH after the $293 million Kelp DAO exploit disrupted lending markets. According to Aave, the coordinated response, described as the “DeFi United” relief effort, has gathered commitments…