Cryptocurrency26 Apr 2026SEO 801 min read

Analysis: Aave raises nearly 80% of the $200 million it needs to cover bad debt left by K…

Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million. Aave has raised about $…

Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million. Aave has raised about $160 million of the roughly $200 million it needs to cover bad debt from the KelpDAO exploit, the year’s largest DeFi exploit. The DeFi United recovery effort, led by Aave service providers, aims to recapitalize and restore support for rsETH, the ether-based token at the center of the attack. Major contributors including Mantle, Aave DAO a…

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