The final tranche of 20,373.72 rsETH has been deployed into the LayerZero lockbox, closing the operational phase of the DeFi United recovery. Aave founder Stani Kulechov confirmed that "rsETH is now fully restored." Withdrawals and bridging are open, and all affected Aave WETH markets are operating under standard parameters.

The recovery followed the April 18 LayerZero bridge exploit in which an attacker minted 116,500 unbacked rsETH, borrowed an estimated $236 million in WETH across Aave, Compound, and Euler, and routed stolen funds through THORChain. DeFi United is a coordinated relief effort led by Aave service providers with major contributions from various DeFi protocols.

ETHConf lands in NYC June 8-10, bringing together 5,000+ attendees, 150+ speakers, and 100+ companies across Ethereum, stablecoins, and institutional adoption.

Get your tickets at ethconf.com and use code ETHDAILY for 30% off General and 20% off VIP.

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Aave Pro, the redesigned user interface for Aave v4, now supports wallet monitoring on any Ethereum address. The feature allows users to paste any wallet address to access a read-only view of Aave V4 positions, balances, and activity, without needing to connect the wallet directly. Users can set custom names and avatars per address. Aave V4 went live on Ethereum earlier this year, introducing a hub-and-spoke liquidity architecture first previewed alongside Aave Pro on testnet. Recent V4 product updates include the upgrade of sGHO to an ERC-4626 vault and the activation of Chainlink SVR on V4 Ethereum Core.

ETHConf lands in NYC June 8-10, bringing together 5,000+ attendees, 150+ speakers, and 100+ companies across Ethereum, stablecoins, and institutional adoption.

Get your tickets at ethconf.com and use code ETHDAILY for 30% off General and 20% off VIP.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created

Aave has fully restored the loan-to-value ratios across all V3 WETH market deployments affected by the rsETH exploit, including Ethereum Core, Ethereum Prime, Arbitrum, Base, Mantle, and Linea. Parameters are now set to their pre-incident values. KelpDAO is also consolidating its rsETH bridging support, dropping support for 20 chains effective June 15.

Holders on selected chains are urged to bridge back to Ethereum mainnet, with post-deadline recovery available for a 100 USDC fee. Compound, Euler, and Aave successfully liquidated the attacker's collateral positions. The restorations bring a soft close to the DeFi United recovery initiative. Aave Pro has since added a read-only portfolio view for V4 positions.

ETHConf lands in NYC June 8-10, bringing together 5,000+ attendees, 150+ speakers, and 100+ companies across Ethereum, stablecoins, and institutional adoption.

Get your tickets at ethconf.com and use code ETHDAILY for 30% off General and 20% off VIP.

Disclaimer: Content is for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. No representations or warranties are made as to accuracy, completeness, or timeliness. Use of this content is at your own risk, and you should consult a qualified professional before making decisions. No fiduciary or advisory relationship is created