Mantle Reaffirms Network Security and Joins Aave in Coordinated rsETH Recovery Plan

Mantle Reaffirms Network Security and Joins Aave in Coordinated rsETH Recovery Plan
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Mantle confirmed that its network, official bridges, and core infrastructure remain completely secure following the rsETH configuration incident involving KelpDAO.

According to the official statement, the exploit was isolated in KelpDAO’s rsETH token configuration and did not affect Mantle’s own contracts, markets, or assets at any point, as LayerZero also confirmed in its own statement on the event.

The liquidity pressure observed across various parts of the ecosystem was the result of secondary effects from the third-party incident, not internal failures. The protective measures activated in the hours following the event remain in place and will be lifted in coordination with the affected protocols once conditions stabilize.

Mantle indicated that it is actively working alongside Aave and other protocols on recovery efforts to normalize market conditions. Among the actions under evaluation is the direct participation of Mantle’s treasury to reinforce ecosystem stability. Over the past 48 hours, approximately $204 million in USD-denominated assets were repaid, which the team interpreted as a signal of sustained liquidity normalization and gradual recovery of market confidence.

Source: https://www.prnewswire.com/news-releases/mantle-confirms-full-network-security-and-coordinates-recovery-with-aave-including-potential-treasury-participation-following-rseth-by-kelpdao-incident-302748513.html


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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