The company says it has worked with affected parties this week and is taking part in a coordinated recovery initiative led with Aave (decentralized lending protocol).
Ethena said it has been working closely with affected parties in a supporting role this week and is participating in Aave’s coordinated DeFi (decentralized finance services) relief effort following an incident related to rsETH. The statement describes Ethena’s involvement as part of a broader recovery initiative with other ecosystem participants. The source does not provide details on the incident’s cause, financial impact, timeline beyond this week, or the specific measures being implemented.