DeFi United has successfully raised over $300 million to address losses from the Kelp DAO vulnerability. The initiative, supported by Circle Ventures, Consensys, and Ethereum co-founder Joseph Lubin, aims to mitigate the impact of an exploit involving uncollateralized rsETH minting via the LayerZero bridge. Circle Ventures is contributing by purchasing AAVE tokens, while Consensys and Lubin have committed 30,000 ETH to the cause. To date, DeFi United has amassed over 132,000 ETH, valued at more than $300 million, to cover the bad debts incurred. This follows previous commitments, including Aave's proposal to donate 25,000 ETH and contributions from Lido DAO, Ether.fi, and Kelp, totaling 9,500 ETH. The funds will be used to stabilize the ecosystem and compensate affected parties.