Bybit to Back Mantle Proposal for Aave-Linked Rescue Loan, CEO Says

Mantle proposed lending 30,000 ETH to Aave after a recent attack created bad debt risk for the decentralized lending protocol, according to a governance forum post on April 24. The proposal was framed as industry mutual support between Bybit-backed Mantle and Aave. On the same day, Bybit CEO Ben Zhou said the exchange would vote in favor of the Mantle community proposal, calling support "the only right choice" and citing help Bybit previously received during the exchange’s hack. Together, the statements point to a coordinated crypto-sector response aimed at backstopping potential losses and supporting protocol stability during stress.

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