DeFi protocols restore KelpDAO rsETH backing via Safe
After the largest DeFi exploit of 2026 left no central operator to manage recovery, dozens of protocols organized their own. Led by Aave, they restored KelpDAO's rsETH backing through a single Safe multisig. Safe touted the effort as proof that onchain coordination can drive recovery without a centralized counterparty.
Sources
- The invisible engine of onchain coordination is @safe. https://t.co/UQAEkWkSNV https://t.co/11YlgBulNy Quoting @safe: After the biggest DeFi exploit of 2026, there was no central operator to call. So DeFi organized its own recovery. Led by @aave, dozens of protocols restored @KelpDAO’s rsETH backing through a single Safe. The invisible engine of onchain coordination IS @safe https://t.co/Zt8IUqxcnrx.com ↗
- After the biggest DeFi exploit of 2026, there was no central operator to call. So DeFi organized its own recovery. Led by @aave, dozens of protocols restored @KelpDAO’s rsETH backing through a single Safe. The invisible engine of onchain coordination IS @safe https://t.co/Zt8IUqxcnrx.com ↗
Safe
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Safe is the account abstraction leader on Ethereum and the EVM with the most secure smart wallet infrastructure and platform.
