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Justin Sun’s TRON and HTX Supply $20 Million to Aave

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Justin Sun’s TRON and HTX Supply $20 Million to Aave

Crypto entrepreneur Justin Sun said on April 2026 that TRON and HTX will supply $20 million in USDT liquidity to Aave’s V3 market. The move came after the KelpDAO exploit triggered a liquidity gap across DeFi markets. The support forms part of a wider industry response under DeFi United, as major players moved to stabilize Aave and prevent contagion across lending protocols.

DeFi United Commitments Hits $300 Million

The move by Sun marks the latest in a series of collective efforts by crypto stakeholders to backstop liquidity outflow caused by the KelpDAO hack. The $292 million hack of KelpDAO caused a depeg of rsETH, a collateral asset on Aave and other Ethereum protocols, leading to contagion risks.

However, Aave quickly swung in with a proposal to cover the shortfall under the DeFi United umbrella. The movement quickly attracted contributions from several stakeholders, including commitments to donate or provide liquidity.

While the Aave proposal stated the shortfall was around 75,081 ETH, DeFi United has now raised over 132,000 ETH, worth around $303 million.

Interestingly, commitments to donate or provide liquidity have come from diverse sources. Overall, there have been more than 126,000 transfers from 116,000 wallets. Some of the major donors include Aave founder Stani Kulechov, Consensys co-founder Joseph Lubin, and others.

Protocols such as Lido, Mantle, and Ether.fi, as well as KelpDAO, also made commitments to donate or provide lending. MetaMask developer Consensys also donated, while Kraken equally made a commitment.

Interestingly, the venture capital arm of USDC issuer Circle announced it will buy AAVE tokens to support the project.

AAVE Expands to Solana as Liquidity Support Grows

Support extended beyond Ethereum-based participants. The Solana Foundation confirmed it would provide USDT liquidity from its treasury to Aave markets.

Foundation president Lily Liu said ecosystem health depends on shared stability across DeFi networks. Her statement framed the move as systemic risk management rather than isolated support.

At the same time, AAVE tokens became available across Solana-based platforms such as Jupiter, Phantom, and Solflare. The expansion marked a shift toward multi-chain integration for the lending protocol.

The TRON Network also plans to integrate AAVE, according to Sun’s statement. This move followed Solana’s participation and suggested a broader push to extend Aave beyond Ethereum.

Aave remained the largest lending protocol, holding over $14 billion in total value locked despite a weekly decline of about 21%. The recovery effort and cross-chain expansion aimed to stabilize that position after the exploit.

Overall, the coordinated liquidity injection reduced immediate risk from the KelpDAO incident. It also showed that DeFi recovery now depends on rapid capital mobilization across networks, not isolated protocol responses.

Oluwapelumi Adejumo
Written by
Cryptocurrency Journalist

Oluwapelumi Adejumo is an experienced cryptocurrency journalist who has contributed to leading blockchain news platforms, including CryptoSlate and BeInCrypto.

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About this article

PublishedApril 28, 2026 5:34 pm
Last updatedApril 28, 2026 4:08 pm
Written byOluwapelumi Adejumo, Cryptocurrency Journalist
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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