Kelp DAO 漏洞救援：Mantle 擬貸 Aave 3 萬 ETH、DeFi 聯盟承諾逾 43,500 ETH

Kelp DAO cross-chain bridge hack: six days after the $292 million incident, the DeFi community has launched a protocol-layer self-rescue alliance called “DeFi United.” According to a CoinDesk report on 4/23, an Aave-led consortium has already accumulated commitments of more than 43,500 ETH (about $101 million) to cover the bad-debt shortfall created after the incident. Mantle Treasury then formally submitted the MIP-34 draft on 4/24, proposing to lend up to 30k ETH (about $69.4 million) to the Aave DAO.

DeFi United has confirmed the commitment list

Protocol / Individual Commitment Amount Method Mantle Treasury Max 30,000 ETH MIP-34 proposal Loan Aave Aave founder Stani Kulechov 5,000 ETH Individual direct injection Lido Finance Max 2,500 stETH Governance proposal, dedicated fund rescue tool Other members About 6,000 ETH EtherFi Foundation, Golem Foundation, Ethena, LayerZero, Ink Foundation, Tyrdo, etc. Subtotal more than 43,500 ETH (about $101 million) —

Mantle proposal conditions: includes Aave governance rights

In a quote from The Block on 4/24, the Mantle Core Contributor Team frames this lending as “turning the crisis into a Mantle strategy-finance and partnership win.” The MIP-34 draft includes:

Loan size: up to 30,000 ETH

Indicative interest rate: Lido stETH annual rate + 1% premium

Term: up to 36 months, with early repayment allowed, and no penalty for default

Governance rights: Mantle receives delegated voting power over 130,000 AAVE tokens, equivalent to entering the core of Aave governance

Collateral: 5% profit-sharing of Aave protocol fees + at least $11 million worth of AAVE tokens

Key signals: Mantle, as a competitor to Aave on L2, will officially obtain a voice in Aave governance through this transaction. For the Aave community, this is a typical DeFi political trade of “swapping governance seats for liquidity support.”

Why Aave needs this funding

After the Kelp DAO cross-chain bridge was hacked on 4/18, the attacker forged messages to mint 116,500 uncollateralized rsETH, which were then used as collateral to borrow 82,650 WETH and 821 wstETH on Aave V3. The incident resulted in bad debts estimated at $124 million to $230 million for the Aave protocol, and the $27 million insurance coverage from Umbrella WETH was insufficient to fully absorb the losses.

DeFi United’s goal is to rebuild full rsETH collateral support, so that loans in the Aave pool that were originally backed by rsETH can operate normally again. This move directly addresses accusations in this week’s JPMorgan report that DeFi hackers frequently cause institutional funds to shift to USDT—showing that the DeFi protocol layer demonstrates resilience, with multiple protocols cooperating to self-rescue within six days after a single vulnerability incident.

Structural signals for the DeFi ecosystem

This self-rescue action shows several things:

An互助 network among top DeFi protocols can mobilize quickly in times of crisis

Aave’s founder set a precedent for founder-level collateral by injecting 5,000 ETH personally

Mantle-style “lending + governance rights” transactions could become a standard structure for swapping capital and influence during future DeFi crises

Protocols such as Lido, EtherFi, Ethena, and LayerZero are willing to put in their own assets or tokens to help rescue others, highlighting that the depth of DeFi protocol interdependence goes far beyond traditional observations

This story is still unfolding—MIP-34 has not yet been formally voted on, and the Aave DAO must also pass separate resolutions to accept the loan. Further to watch: after Mantle gains Aave governance rights, whether it will truly exercise them, and whether other DeFi United members will write similar terms of “lending in exchange for governance rights” into their own proposals.

This article, Kelp DAO vulnerability rescue: Mantle plans to lend 30,000 ETH to Aave, and the DeFi alliance commits more than 43,500 ETH, first appeared on 链新闻 ABMedia.