Aave, together with its DeFi partners, is working to address the aftermath of the KelpDAO hack.

CoinFeed reported on April 24th that, according to CoinDesk, following the approximately $292 million security breach at KelpDAO, Aave, in conjunction with several crypto organizations, launched the "DeFi United" rescue operation, aiming to stabilize the DeFi market and fill the rsETH collateral gap. The Lido Labs Foundation, under Lido Finance, proposed allocating up to 2,500 stETH (approximately $5.7 million) to a dedicated rescue tool; EtherFi proposed contributing 5,000 ETH; and Aave founder Stani Kulechov pledged to contribute 5,000 ETH. Aave stated that further commitments will be announced after official confirmation.