#以太坊基金会解质押约4890万美元ETH In the face of crisis, all parties are actively taking action, striving to restore vitality to the industry as soon as possible.

Industry self-rescue: Many hands make light work.
To fill the bad debt gap of Aave, the DeFi community has launched a self-rescue operation. Ethereum mining power calculation market Golem announced a total allocation of 1,000 ETH from the Foundation and Factory vaults, participating in the rsETH joint rescue led by Aave. The liquidity re-staking protocol EtherFi also proposed injecting 5,000 ETH into the special rescue pool, and Lido Finance posted a proposal on the governance forum to provide up to 2,500 stETH. Plus, Aave founder Stani Kulechov personally pledged 5,000 ETH. This joint effort, dubbed “DeFi United,” has disclosed a funding scale of 13.5k ETH plus 2,500 stETH.
These funds are not directly distributed as “compensation” to Aave depositors, but are injected into Kelp’s rsETH collateral system to make up for losses. The core goal is to restore the pegged price of rsETH. As long as rsETH regains its fair value, Aave can liquidate the 89,567 rsETH positions collateralized by the attacker, and the proceeds will be used to repay the 82,650 WETH borrowed, thereby reducing the utilization rate of the WETH liquidity pool from 100%, allowing normal withdrawal functions for ordinary depositors to resume.
Protocol upgrade: learn from setbacks and grow wiser.
This incident also served as a wake-up call for major protocols, highlighting the importance of security. LayerZero Labs quickly deprecated and replaced all affected RPCs after the incident, restored DVN operation, and required all 1/1 configuration projects to migrate to multi-DVN as soon as possible. They also cooperated with global law enforcement agencies to trace the funds. Aave is actively responding as well; its Umbrella security module is facing its first real stress test. Umbrella and stkAAVE form Aave’s last line of defense. Although it’s uncertain whether they can fully cover the gap at present, this has prompted Aave to continuously optimize its security mechanisms and risk management strategies.
Regulatory support: putting a “helmet” on the industry.
As the DeFi industry develops, regulations are gradually improving. In 2025, the EU’s Markets in Crypto-Assets Regulation (MiCA) officially took effect, providing a unified regulatory framework for member states. The attitude of U.S. regulators has also shifted significantly, moving from strict enforcement to exploring more targeted, customized rules. While regulatory improvements may impose certain constraints on the industry, in the long run, they will safeguard healthy development. It’s like putting a helmet on a speeding car—initially might feel a bit uncomfortable, but it greatly reduces the risk of accidents.
Future outlook: challenges and opportunities coexist.
Although all parties are actively working, the DeFi industry still faces many challenges in quickly recovering from this attack. For example, how to establish cross-protocol real-time risk circuit breakers and collateral quality grading systems to create “firewalls” against risk contagion; how to solve the current difficulties in cross-chain trust mechanisms to improve industry security; how to balance innovation and safety, ensuring investor funds are protected while pursuing high yields, etc. However, challenges often come with opportunities. This incident has deepened the industry’s understanding of its shortcomings and pointed the way forward. With continuous technological progress and regulatory refinement, DeFi is expected to become more mature and secure. Like a flower that has weathered storms, it may temporarily wither, but will ultimately bloom more brilliantly. So, don’t be too pessimistic. Although the Aave attack has caused a significant shock to the DeFi industry, as long as all parties work together to face challenges, the DeFi industry will surely recover quickly and usher in a brighter future!