Hayles was diagnosed with the illness last week and within a matter of days the page was created with Michael ‘Fateye’ Thompson, from Florida, listed as the campaign organiser.
The GoFundMe page entitled ‘Donovan (DV) Hayles Medical Fund’ is aiming to raise US$10,000.
Of the targeted amount, the page has so far raised $560 from 13 persons in 23 hours.
Thompson stated on the page that “our brother and friend has been diagnosed with prostate cancer and needs our prayers, love and support as his journey begins to beat this illness.
“As many of you know firsthand, either personally or through family and friends, it is expensive to receive treatment and our friend needs financial support.
“We are all family and many of us formed that bond during our formative years in our beloved community, Harbour View and Kingston College.
“Let us rally around our brother and help him. Any donation, no matter how big or how small, will not go unnoticed and it is very much appreciated! The money raised will be used solely for medical expenses.”
Hayles, who spoke with Loop News on Wednesday, confirmed his illness. However, Hayles said he is “doing well at the moment.”
Hayles is well known for his coaching duties at Harbour View Football Club.
He began his coaching career at Harbour View in 1976 with the Minor League team, and since then has led the club to success at all levels, including the National Premier League title.
After leaving Harbour View, Hayles went on to coach at the school level.
He took over the reins at his alma mater Kingston College (KC) in 2012, replacing Trevor 'Jumpy' Harris.
After leaving KC, he did a short stint at Hydel High School before resigning in 2015.
Hayles is a former Manning Cup goalkeeper and also represented Harbour View. He also played Sunlight Cup cricket for KC and was a member of the national football squad during the 1980s.