Protocols affected by the Kelp attack have formed a support fund.

The initiative DeFi United, aimed at aiding the ecosystem's recovery after the Kelp attack, has raised over 100,000 ETH (approximately $230 million). This amount nearly covers the damage caused by the hack, which was around $290 million.

Source: defiunited.world.

The largest donors included Mantle (30,000 ETH) and Aave DAO (25,000 ETH). Additionally, about 30,700 ETH was recovered through the freezing of stolen funds in Arbitrum.

Aave founder Stani Kulechov personally donated 5,000 ETH. Ether.fi and Lido Finance contributed 5,000 ETH and 2,500 ETH, respectively.

Some assets were also donated by the community.

As part of its protective measures, Aave and its partners established a specialized fund to restore the collateral for the affected token rsETH. As of this writing, a vote is underway regarding the next steps for the structure.

Aave service providers and ecosystem partners have established a recovery fund that factors in pending DAO votes, including the Arbitrum governance vote, indicative agreements, and successful execution to restore rsETH’s full backing.

We are DeFi United, and resolving this for…

— Aave (@aave) April 25, 2026

Meanwhile, Kelp has created a separate fund for compensating affected users. Eligible users can request funds within 24 hours through a special form.

Aave Metrics

As of April 26, the total value locked (TVL) in Aave has stabilized, hovering around $14 billion, showing a slight recovery.

Source: DefiLlama.

However, since the attack, the deposit volume on the platform has decreased by more than $12 billion.

Analysts at aixbt labs noted that during the crisis week, Aave generated an average of $1.7 million in daily fees—63% of Ethereum's revenue.

“100% utilization of the pool [rsETH] means maximum borrowing rates, and thus maximum protocol income. It literally earns more money when under attack,” the publication stated.

As a reminder, Andrew Moss from Jefferies believes that the recent wave of DeFi hacks has raised questions about Wall Street's investment plans.