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LayerZero Pledges Over 10,000 ETH as rsETH Fallout Tests Aave Liquidity
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2026-04-29 00:52

CoinEx News: LayerZero has pledged more than 10,000 ETH to support the recovery effort after the recent rsETH incident disrupted Aave and broader DeFi markets. The commitment includes a 5,000 ETH donation to DeFi United, an Aave-led stabilization initiative, plus another 5,000 ETH deposited into Aave markets to strengthen liquidity and support deeper GHO stablecoin liquidity.

The move turns the rsETH fallout from a protocol-level stress event into a broader DeFi coordination test, with LayerZero’s capital support helping reduce liquidity pressure while the community continues to debate responsibility and whether the contribution is enough.


Source: CoinEx

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