Apr 19, 2026
Kelp DAO Suffers $292-293 Million Exploit via LayerZero Bridge, Triggering Cross-Protocol Contagion
Attackers drained approximately 116,500 rsETH (roughly $292-293 million) from Kelp DAO's LayerZero-powered bridge, causing emergency freezes across multiple DeFi protocols including Aave, SparkLend, Fluid, and Upshift. The exploit represents 2026's largest crypto hack to date and impacted at least nine protocols.
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