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Mantle is an EVM-compatible Layer 2 backed by BitDAO's massive treasury. It focuses on modular architecture and developer experience. The token launched with aggressive ecosystem incentives to attract projects and liquidity. Success depends on building a competitive DeFi ecosystem.
By David E | September 13, 2026
What Our Earlier Coverage Reported Back in April 2026, our earlier coverage detailed a $290 million exploit that struck Kelp DAO, with attackers draining rsETH and using it as collateral to borrow from Aave.
By Loic Dos Santos | April 28, 2026
DeFi United’s $300M Lifeline Unpacked On April 18, the decentralized finance (DeFi) ecosystem was shaken by a $290 million exploit targeting Kelp DAO.
By Loic Dos Santos | April 26, 2026
Mantle, AAVE DAO Lead Rescue Funding Lending platform Aave is in the midst of a major recovery effort after suffering a $200 million bad debt event linked to an exploit involving Kelp DAO.
