Compound Joins DeFi United, Floats 3,000 ETH Proposal for rsETH Recovery

Fourteen DeFi protocols have now pledged more than $161 million in ETH to DeFi United's effort to restore rsETH backing following the April 18 exploit. Compound is the latest to join, proposing a contribution of 1,900 to 3,000 ETH—worth up to $6.9 million—subject to a community governance vote. Compound said on April 28 that its proposal seeks preliminary approval from the community, with the exact amount within the 1,900–3,000 ETH range to be set later by the Compound Governance Working Group in coordination with Gauntlet, security service providers, and the Compound Foundation. DeFi United's technical plan targets the recovery of about 16,776 ETH from exploiter-related positions on Compound, alongside a separate 13,000 ETH recovery effort on Aave. The proposal outlines conditions for releasing funds, including full restoration of rsETH collateral, equal treatment of all affected parties, and a clear execution plan with transparent updates to governance. Roughly 1,857 ETH of Compound's potential commitment would be contingent on successfully recovering the attacker's active position. The DAO would retain the option to reduce or withdraw support if the conditions are not met. Compound's move adds to one of the largest coordinated recovery efforts in DeFi history. Consensys and Ethereum co-founder Joe Lubin have committed 30,000 ETH, which Lubin described as "a broad, coordinated response to protect users." Aave has pledged 25,000 ETH, with founder Stani Kulechov adding a personal commitment of 5,000 ETH. Mantle provided a 30,000 ETH credit facility, while Lido committed up to 2,500 stETH. The Avalanche Foundation, another backer, said the episode amounts to a public stress test for DeFi—one it argued is unfolding "with transparent books and real accountability." Governance votes remain pending across several participating protocols.