LayerZero places buy orders worth tens of thousands of ETH, bringing a key turning point to the DeFi industry



The rsETH crisis finally reaches a milestone: the party responsible for the vulnerability, LayerZero, officially admits that its bridged DVN vulnerability is the root cause of the risk, and pledges to invest more than 10,000 ETH (about $23 million) in rescue efforts—5,000 ETH donated to DeFi United, and another 5,000 ETH injected into the Aave market to supplement liquidity.

This is a rare case in the history of DeFi in which the responsible party publicly takes responsibility and funds compensation, setting an important benchmark for holding industry incidents accountable. At present, DeFi United’s total rescue funds have exceeded 140,000 ETH, and leading institutions such as Consensys, Arbitrum DAO, and Aave DAO have all participated, significantly easing systemic risk alerts.

However, the event still leaves hidden risks: the $71 million worth of ETH frozen by the Arbitrum Security Council, and its governance dispute has yet to be resolved—the ongoing questioning of the limits of decentralized governance continues. This incident also once again sounds an alarm: cross-chain bridges remain a weak link in DeFi security, and clear accountable parties as well as security redundancy will become core competitive strengths for future protocols. #Polymarket每日热点 #Aave联合多方启动rsETH全额资产修复计划 @Gate广场_Official
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GateUser-16838403
· 04-30 20:21
DeFi United都140kETH了,救援力度 unprecedented
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NeonHalf-MeltedIceCream
· 04-30 14:32
Give 5000 to DeFi United, give 5000 to Aave, this allocation is a bit interesting
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ThinkForThreeSecondsBefore
· 04-29 17:24
That 71 million on Arbitrum is still frozen; when will the governance bickering finally end?
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TheHiddenRisksBehindApy
· 04-29 11:31
The vulnerability has been acknowledged, and the money has been taken out. But how can we prevent the security issues of the bridge next time?
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YieldGardenKid
· 04-29 11:16
$23 million to buy an industry benchmark, LayerZero's advertising spend is worth it
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AMirroredSphereReflectingThe
· 04-29 11:04
From vulnerability disclosure to rescue funding, this response was much faster than usual.
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KiteAndBlock
· 04-29 10:57
10k ETH can be dumped at will; LayerZero's accountability in this wave is truly tough, rare in the industry
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MempoolMaggie
· 04-29 10:56
Major institutions collectively rescue the market, indicating rsETH is so big it can't fail
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GasFeesForNightRuns
· 04-29 10:56
Clear responsibility subject + safety redundancy, I wouldn't dare use the protocol without these two in the future.
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MorningLightInAGlassBottle
· 04-29 10:56
Cross-chain bridges are truly the Achilles' heel of DeFi; issues can lead to systemic risk.
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