Kelp DAO Restores rsETH Backing After $293M Exploit
Kelp DAO said it restored backing and full functionality for rsETH roughly five weeks after an April 18, 2026 exploit drained about $293 million. The recovery aimed to neutralize unbacked minting and restore user access to deposits, redemptions and bridging across Ethereum mainnet and supported Layer 2 networks.
Aave Restores WETH Borrowing After rsETH Exploit Recovery
Aave reinstated Wrapped Ether loan-to-value limits and reopened WETH markets on May 17, 2026, after a coordinated recovery from the April rsETH bridge exploit. The move restored normal borrowing conditions across Aave V3 deployments and resumed rsETH deposits and withdrawals, easing a major liquidity constraint for traders and treasury teams.