DeFi United raises $161M in ETH to date

DeFi United has raised a total of 69,642 ETH, valued at approximately $161 million, with contributions from 14 ecosystem partners and individuals, Lookonchain reported via X. The initiative was organized by crypto lending protocol Aave (AAVE) and its DeFi partners in response to the KelpDAO hack. The goal is to restore the stability of rsETH.