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Mantle by Bybit Proposes 30,000 ETH Loan to Aave Amid Bad Debt Risks

On April 24, Mantle, supported by the cryptocurrency exchange Bybit, proposed in a governance forum to provide a loan of 30,000 ETH to Aave to cover the bad debt risks arising from recent attack incidents. This move is interpreted by the market as a continuation of industry mutual assistance—Bybit has previously received liquidity support from multiple parties after significant security events, and now through Mantle, it is 'transfusing' resources back to the core DeFi protocol. As platforms like Aave face pressure from collateral shortfalls, collaborative rescue efforts among leading institutions are becoming a key stabilizing mechanism for the crypto ecosystem under extreme risks.

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