Kelp DAO Exploit who is | TradeSphere
Decrypt: Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic Kelp DAO lost $292M in a bridge exploit targeting its LayerZero integration, forcing Aave, SparkLend, and others to freeze rsETH markets in 2026's largest hack. FinanceFeeds: Kelp DAO Exploit Drains $292M in rsETH as Cross-Chain Bridge Targeted M drained from Kelp DAO after Lazarus Group exploited single-verifier bridge setup, triggering losses across nine DeFi protocols including Aave. Yahoo Finance: Kelp DAO Exploit Sparks Aave Liquidity Crunch, $6.2 Billion Withdrawal Panic Yahoo Finance: Morning Minute: DeFi's Future in Question After $292M KelpDAO Exploit DeFi TVL fell by $13B after the KelpDAO exploit, and now the Vercel CEO is saying "highly sophisticated" actors used AI for its exploit.
Understanding the Context
Crypto News Flash: LayerZero Points to Lazarus Group After $292 Million rsETH Exploit Hits Kelp DAO Kelp DAO lost 116,500 rsETH worth about $292 million on April 18, making it the biggest DeFi exploit of the year so far. LayerZero Points to Lazarus Group After $292 Million rsETH Exploit Hits Kelp DAO Aave's price dropped 12% after Kelp DAO's $280M DeFi exploit. Ethereum reaching $10,000 by is at 4% YES. TechStory: DeFi’s Darkest Day: How a $292 Million Kelp DAO Exploit Rocked the Crypto Market An advanced hacker drained around $292 million from Kelp DAO over the weekend as the largest crypto exploit of 2026 so far by using a bridge in Kelp’s protocol.
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The hacker was able to take 116,500 ... DeFi’s Darkest Day: How a $292 Million Kelp DAO Exploit Rocked the Crypto Market Yahoo Finance: Kelp DAO Bridge Exploit Drains $292 Million in rsETH and Triggers Aave Freeze Kelp DAO was hit by a major exploit on Friday that drained roughly 116,500 rsETH, worth about $292 million, in ... Kelp DAO Bridge Exploit Drains $292 Million in rsETH and Triggers Aave Freeze A cross-chain bridge exploit at Kelp DAO on April 18 drained about 116,500 rsETH, worth nearly $293 million, and triggered a rapid response across decentralized ...