Mantle Official Release of KelpDAO rsETH Incident Latest Statement: The underlying network and core assets are 100% secure, and coordination with Aave and related protocols is advancing the recovery plan. Treasury support has been included in the recovery plan assessment.

Deep Tide TechFlow message. On April 21, the Mantle team released its latest progress update today regarding the KelpDAO rsETH incident. In the official statement, it was emphasized that Mantle’s underlying network, official bridges, and core assets have not been compromised, maintaining 100% security.

The key points are as follows:

1. The underlying network, official bridges, and core assets remain 100% secure: LayerZero has confirmed that the vulnerability is completely limited to the KelpDAO rsETH configuration, with no contagion to other assets or applications. The attacker never interacted with Mantle contracts or the market. The recent localized liquidity pressure was caused by spillover effects from a third-party cross-chain vulnerability, not an issue with Mantle infrastructure. Protective suspension measures are still in effect and will be lifted once it is confirmed to be appropriate.

2. The Mantle ecosystem continues to remain resilient and strong: Since April 18, funds have been steadily flowing back into the Mantle ecosystem. On-chain data shows that core USD assets have repaid approximately $204 million in total within 48 hours, with liquidity conditions continuing to return to normal, demonstrating the Mantle community’s extremely high maturity and resilience.

3. Coordinated recovery plan: Mantle is actively communicating with the Aave team and affected protocols to coordinate recovery plans, including potential treasury participation.

Mantle stated that it will stand firmly alongside ecosystem builders and will continue to share the latest progress updates that have real substance.