DeFi United has now committed 69,642 $ETH , worth around $161M, with 14 ecosystem players and contributors stepping in.
Mantle, Aave DAO, Stani personally, Ether.Fi, Lido, and others are backing the move.
Why?
The KelpDAO LayerZero bridge exploit created unbacked rsETH debt and hit Aave hard.
Now the ecosystem is stepping up with real capital to protect TVL, prevent liquidations, and stop contagion.
DeFi self-healing in action.
Bullish
#TetherFreezes$344MUSDTatUSLawEnforcementRequest #CanTheDeFiIndustryRecoverQuicklyFromAaveExploit? #BalancerAttackerResurfacesAfter5Months #OpenAILaunchesGPT-5.5