100,000 ETH Rescue Operation Launched! DeFi Jointly Repairs the rsETH Risk Gap

The “DeFi United” ecosystem rescue program initiated by Aave is continuing to advance, with the goal of repairing the collateral asset shortfall caused by the rsETH incident on April 18 and preventing risk from spreading across DeFi protocols.

So far, the designated donation address has raised approximately 100,360 ETH in total, to restore collateral ratios and stabilize the market structure. Among them, Arbitrum DAO has released the previously frozen 30,765 ETH to take part in the rescue.

In addition, ecosystem projects such as LayerZero, Ethena, Frax Finance, and Ink Foundation have also confirmed their participation, but the specific amounts have not yet been disclosed.

It should be noted that the entire repair plan still depends on multiple key conditions, such as KelpDAO restoring the rsETH redemption mechanism, and the Arbitrum safety committee releasing the frozen assets. Therefore, the final recovery timeline still carries a degree of uncertainty.

In the crypto world, risk is never completely eliminated, but a truly strong ecosystem will choose to share the burden when a crisis arises.
A crisis may shake the market, but a successful repair often makes the entire system more mature.