Following the KelpDAO exploit on April 18, Aave introduces the “DeFi United” initiative, a coordinated effort designed to cover the rsETH (Kelp DAO restaking token) deficit. The official announcement indicates that firm commitments already exist from various ecosystem players, highlighting Lido Finance as the first public participant. Lido will commit up to 2,500 stETH, approximately $5.7 million, to mitigate a total deficit exceeding 100,000 ETH.
Aave service providers have been leading the DeFi United effort to restore rsETH's backing since the April 18 incident.
We believe ecosystem collaboration matters most in moments like this, and our priority is achieving the strongest possible available outcome for users.… https://t.co/e4fiS6yTxv
— Aave (@aave) April 23, 2026
This initiative stands out for the protection of systemic liquidity. Without a full rescue, depositors in vaults like EarnETH could face losses of up to 9,000 ETH. To facilitate recovery, Aave preemptively paused rsETH reserves on key networks such as Ethereum, Arbitrum, Base, Mantle, and Linea, preventing further exposure while contributions from other service providers are finalized.
This step toward collaborative governance seeks to restore asset parity and user trust. The next step will be the official voting on the support proposals and the onboarding of new allies to the relief fund.
Source:https://x.com/aave/status/2047371627285848312
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