Binance Square
#kelpdao

kelpdao

154,109 views
412 Discussing
Aleksandr1981
·
--
LayerZero Apologizes After Lazarus Group Hacker AttackLayerZero Labs dropped an open letter admitting to miscommunication and internal system issues following the KelpDAO hack. LayerZero emphasized that the protocol's infrastructure remained intact. However, the attack impacted the company's internal systems, leading them to acknowledge that there were problems with their incident response and communication with users.

LayerZero Apologizes After Lazarus Group Hacker Attack

LayerZero Labs dropped an open letter admitting to miscommunication and internal system issues following the KelpDAO hack.
LayerZero emphasized that the protocol's infrastructure remained intact. However, the attack impacted the company's internal systems, leading them to acknowledge that there were problems with their incident response and communication with users.
·
--
#KelpDAO Pushing the limits to keep the recovery of $AAVE will it make it!!! Doing everything possible 👏👏👏👏👏👏👏👏👏👏👏👏👏👏
#KelpDAO
Pushing the limits to keep the recovery of $AAVE
will it make it!!! Doing everything possible
👏👏👏👏👏👏👏👏👏👏👏👏👏👏
Arkham Intelligence published a report examining Lazarus Group’s crypto laundering network and operational tactics between 2017 and 2026. According to the research, Lazarus-linked actors were tied to more than $6 billion in stolen cryptocurrency across exchange breaches, ransomware campaigns, bridge exploits, and decentralized finance attacks. Arkham said North Korean-linked actors accounted for more than 70% of crypto exploit losses recorded so far in 2026. The report described how Lazarus allegedly moves stolen assets through cross-chain bridges, mixers, centralized exchanges, OTC brokers, and fragmented wallet activity to complicate blockchain tracing efforts. THORChain was identified as a frequently used bridge for converting stolen assets into Bitcoin. Arkham also referenced mixers including Sinbad.io and YoMix, along with Russian exchanges and Chinese OTC brokers involved in cash-out activity. The research examined the April 2026 Drift Protocol ($DRIFT ) exploit, where attackers allegedly spent months building trust with employees through conferences, deposits exceeding $1 million, and fake partnership activity. Arkham said Lazarus later used pre-authorized Solana transactions to drain about $285 million from the protocol. The report also covered the February 2026 KelpDAO exploit. According to Arkham, attackers compromised LayerZero RPC nodes and forged cross-chain messages, allowing the withdrawal of 116,500 $rsETH valued at about $292 million. Arkham concluded that Lazarus continues adapting its laundering methods and attack strategies as blockchain tracing systems become more advanced. #arkham #DRIFT #KelpDAO #LazarusGroup #Lazarus
Arkham Intelligence published a report examining Lazarus Group’s crypto laundering network and operational tactics between 2017 and 2026.
According to the research, Lazarus-linked actors were tied to more than $6 billion in stolen cryptocurrency across exchange breaches, ransomware campaigns, bridge exploits, and decentralized finance attacks.
Arkham said North Korean-linked actors accounted for more than 70% of crypto exploit losses recorded so far in 2026.
The report described how Lazarus allegedly moves stolen assets through cross-chain bridges, mixers, centralized exchanges, OTC brokers, and fragmented wallet activity to complicate blockchain tracing efforts.
THORChain was identified as a frequently used bridge for converting stolen assets into Bitcoin. Arkham also referenced mixers including Sinbad.io and YoMix, along with Russian exchanges and Chinese OTC brokers involved in cash-out activity.
The research examined the April 2026 Drift Protocol ($DRIFT ) exploit, where attackers allegedly spent months building trust with employees through conferences, deposits exceeding $1 million, and fake partnership activity. Arkham said Lazarus later used pre-authorized Solana transactions to drain about $285 million from the protocol.
The report also covered the February 2026 KelpDAO exploit. According to Arkham, attackers compromised LayerZero RPC nodes and forged cross-chain messages, allowing the withdrawal of 116,500 $rsETH valued at about $292 million.
Arkham concluded that Lazarus continues adapting its laundering methods and attack strategies as blockchain tracing systems become more advanced.

#arkham #DRIFT #KelpDAO #LazarusGroup #Lazarus
🔥MORPHO is making waves, rewriting the DeFi lending landscape MORPHO's TVL has surged to $11.78 billion, firmly holding the position as the second-largest lending protocol globally. In contrast, #AAVE , while still leading with $27 billion, has recently been hit with approximately $200 million in bad debt due to the #KelpDAO hacking incident, clearly dampening market sentiment 😮‍💨 On the flip side, #Morpho has only about $1 million in exposure to similar risks, significantly boosting market confidence. Many users and funds are starting to shift towards "safer" protocols like SparkLend and MORPHO. What's more crucial is that institutions are getting involved. Coinbase has contributed over $2.1 billion in loan volume, and Apollo Global plans to acquire 9 million MORPHO tokens over the next 48 months. 📈 In terms of price, MORPHO has been on a continuous uptrend since April, doubling in value this year. As long as it holds the trend support, the market is still anticipating its challenge against AAVE's dominance. 👀#CFTC和SEC加强对预测市场监管合作
🔥MORPHO is making waves, rewriting the DeFi lending landscape

MORPHO's TVL has surged to $11.78 billion, firmly holding the position as the second-largest lending protocol globally. In contrast, #AAVE , while still leading with $27 billion, has recently been hit with approximately $200 million in bad debt due to the #KelpDAO hacking incident, clearly dampening market sentiment 😮‍💨

On the flip side, #Morpho has only about $1 million in exposure to similar risks, significantly boosting market confidence. Many users and funds are starting to shift towards "safer" protocols like SparkLend and MORPHO.

What's more crucial is that institutions are getting involved. Coinbase has contributed over $2.1 billion in loan volume, and Apollo Global plans to acquire 9 million MORPHO tokens over the next 48 months. 📈
In terms of price, MORPHO has been on a continuous uptrend since April, doubling in value this year. As long as it holds the trend support, the market is still anticipating its challenge against AAVE's dominance. 👀#CFTC和SEC加强对预测市场监管合作
🚬 Karma in crypto sometimes hits faster than profits are locked in. The hacker behind the KelpDAO breach for ~$293 million ended up getting liquidated themselves. After the attack, they tried to cycle the funds through DeFi and borrowed around $123 million on Aave, using rsETH as collateral. And that’s when things got really interesting. Aave didn’t just sit back. The protocol temporarily intervened with the oracle's operations and adjusted the price of rsETH, creating an artificial imbalance in the position. As a result, the health of the position plummeted, and the hacker was forcibly liquidated. Essentially, their own scheme turned against them: while they were trying to pump and launder liquidity, the system recalibrated the risks faster and took its share back. This is a rare case where the protocol not only “caught” the aftermath of the attack but actively played on the side of defense. #crypto #defi #AAVE #KelpDAO 👀 Follow us for the dirtiest and most interesting stories from crypto, unfiltered.
🚬 Karma in crypto sometimes hits faster than profits are locked in.

The hacker behind the KelpDAO breach for ~$293 million ended up getting liquidated themselves.

After the attack, they tried to cycle the funds through DeFi and borrowed around $123 million on Aave, using rsETH as collateral.

And that’s when things got really interesting.

Aave didn’t just sit back. The protocol temporarily intervened with the oracle's operations and adjusted the price of rsETH, creating an artificial imbalance in the position.

As a result, the health of the position plummeted, and the hacker was forcibly liquidated.

Essentially, their own scheme turned against them: while they were trying to pump and launder liquidity, the system recalibrated the risks faster and took its share back.

This is a rare case where the protocol not only “caught” the aftermath of the attack but actively played on the side of defense.

#crypto #defi #AAVE #KelpDAO

👀 Follow us for the dirtiest and most interesting stories from crypto, unfiltered.
Stalker05:
Last 9 spots left! 🎁 Grab your Red Packet on Binance with code: BPKTKATP1Q Fast!
·
--
Bullish
Karma in crypto sometimes hits faster than profits are locked in. The hacker behind the KelpDAO breach of ~$293 million ended up getting liquidated himself. After the attack, he tried to wash the money through DeFi and borrowed around $123 million on Aave, using rsETH as collateral. And that's when the real drama began. Aave didn’t just sit back and watch. The protocol temporarily intervened with the oracle and adjusted the price of rsETH, creating an artificial imbalance in the position. As a result, the health of the position tanked, and the hacker was forcibly liquidated. Basically, his own scheme turned against him: while he was trying to pump and launder liquidity, the system recalibrated the risks faster and took back what was owed. This is a rare case where the protocol not only “caught” the aftermath of the attack but actively played on the side of defense. #crypto #defi #AAVE #KelpDAO 👀 Follow along; here are the dirtiest and most interesting stories from crypto without filters$AAVE $COMP {spot}(COMPUSDT) {spot}(AAVEUSDT) #AAVE
Karma in crypto sometimes hits faster than profits are locked in.
The hacker behind the KelpDAO breach of ~$293 million ended up getting liquidated himself.
After the attack, he tried to wash the money through DeFi and borrowed around $123 million on Aave, using rsETH as collateral.
And that's when the real drama began.
Aave didn’t just sit back and watch. The protocol temporarily intervened with the oracle and adjusted the price of rsETH, creating an artificial imbalance in the position.
As a result, the health of the position tanked, and the hacker was forcibly liquidated.
Basically, his own scheme turned against him:
while he was trying to pump and launder liquidity, the system recalibrated the risks faster and took back what was owed.
This is a rare case where the protocol not only “caught” the aftermath of the attack but actively played on the side of defense.
#crypto #defi #AAVE #KelpDAO
👀 Follow along; here are the dirtiest and most interesting stories from crypto without filters$AAVE $COMP

#AAVE
🚨🤯 $DEFI DRAMA OF THE YEAR 🍿💥 A hacker allegedly pulled off a mind-blowing $293 MILLION exploit from KelpDAO 😱💸 The attacker reportedly minted fake rsETH tokens 🪙⚠️ and then walked straight into Aave like he owned the blockchain 🌐😎 💰 The hacker opened a gigantic $123M borrowed position using the fake collateral… looking unstoppable for a moment 🚀👀 BUT THEN… THE PLOT TWIST HIT HARD 🎬⚡ 🛑 Aave’s team reportedly reacted fast by manually lowering the rsETH oracle price 📉 💥 The move triggered a massive liquidation 🔥 And the attacker’s entire position got wiped out using the very funds he allegedly stole 🤡💸 📉 Imagine hacking $293M… only to get COMPLETELY REKT by the same protocol you tried to exploit 💀😂 🏆 Karma speedrun any% world record achieved ⚡🎮 🍿 DeFi justice has never looked this satisfying. ⚠️ Reminder: DeFi remains highly risky. Always stay cautious and manage your security carefully 🔐 #DeFi #Crypto #Aave #KelpDAO #Hack #Blockchain #Ethereum #CryptoNews 🚀🔥
🚨🤯 $DEFI DRAMA OF THE YEAR 🍿💥
A hacker allegedly pulled off a mind-blowing $293 MILLION exploit from KelpDAO 😱💸
The attacker reportedly minted fake rsETH tokens 🪙⚠️ and then walked straight into Aave like he owned the blockchain 🌐😎
💰 The hacker opened a gigantic $123M borrowed position using the fake collateral… looking unstoppable for a moment 🚀👀
BUT THEN… THE PLOT TWIST HIT HARD 🎬⚡
🛑 Aave’s team reportedly reacted fast by manually lowering the rsETH oracle price 📉
💥 The move triggered a massive liquidation
🔥 And the attacker’s entire position got wiped out using the very funds he allegedly stole 🤡💸
📉 Imagine hacking $293M…
only to get COMPLETELY REKT by the same protocol you tried to exploit 💀😂
🏆 Karma speedrun any% world record achieved ⚡🎮
🍿 DeFi justice has never looked this satisfying.
⚠️ Reminder: DeFi remains highly risky. Always stay cautious and manage your security carefully 🔐
#DeFi #Crypto #Aave #KelpDAO #Hack #Blockchain #Ethereum #CryptoNews 🚀🔥
RSETH EXPLOIT UPDATE: $KELP DAO COORDINATES WITH $AAVE 🔔 Kelp DAO announced that within the next 24 hours it will execute a series of contract operations with Aave to advance the rsETH underlying asset support process. The team assures users no action is required and will communicate the reopening window and next steps through official channels. The coordinated effort signals a move to stabilize rsETH liquidity after the recent exploit, leveraging Aave’s lending infrastructure. Institutional participants will likely monitor on‑chain activity for signs of restored capital flows. Market makers may adjust pricing as the underlying asset regains confidence, but short‑term volatility remains possible until the reopening is confirmed. Not financial advice. Manage your risk. #crypto #DeFi #Aave #KelpDAO #rsETH 🚀
RSETH EXPLOIT UPDATE: $KELP DAO COORDINATES WITH $AAVE 🔔
Kelp DAO announced that within the next 24 hours it will execute a series of contract operations with Aave to advance the rsETH underlying asset support process. The team assures users no action is required and will communicate the reopening window and next steps through official channels.
The coordinated effort signals a move to stabilize rsETH liquidity after the recent exploit, leveraging Aave’s lending infrastructure. Institutional participants will likely monitor on‑chain activity for signs of restored capital flows. Market makers may adjust pricing as the underlying asset regains confidence, but short‑term volatility remains possible until the reopening is confirmed.
Not financial advice. Manage your risk.
#crypto #DeFi #Aave #KelpDAO #rsETH
🚀
RS ETH EXPLOIT REBOOT: $AAVE & $ETH ON ALERT 🚨 Kelp DAO announced a coordinated contract operation with Aave in the next 24 hours to restore rsETH backing. No user action required; updates will flow through official channels. The move signals institutional muscle stepping in to stabilize a key ETH‑wrapped asset. Expect tighter liquidity and potential ripple effects across DeFi protocols tethered to rsETH. Keep eyes on Aave’s contract activity – it’s the pulse of the recovery. Not financial advice. Manage your risk. #DeFi #Aave #Ethereum #CryptoNews #KelpDAO 🔥 {future}(ETHUSDT) {future}(AAVEUSDT)
RS ETH EXPLOIT REBOOT: $AAVE & $ETH ON ALERT 🚨

Kelp DAO announced a coordinated contract operation with Aave in the next 24 hours to restore rsETH backing. No user action required; updates will flow through official channels.

The move signals institutional muscle stepping in to stabilize a key ETH‑wrapped asset. Expect tighter liquidity and potential ripple effects across DeFi protocols tethered to rsETH. Keep eyes on Aave’s contract activity – it’s the pulse of the recovery.

Not financial advice. Manage your risk.

#DeFi #Aave #Ethereum #CryptoNews #KelpDAO

🔥
·
--
Bullish
Headline: The $293M Kelp DAO Heist: The Great Recovery is ON! 🚨💸 DeFi just dodged a nuclear bullet. If you thought the Kelp DAO exploit was the end, you weren’t paying attention. Here is how $293,000,000 almost vanished—and how it’s being clawed back RIGHT NOW. 🧵👇1/ The Chaos 🌪️April 18, 2026: A massive oracle exploit drained Kelp DAO of $293M. rsETH was depegging, Aave was facing a $100M+ bad debt crisis, and $13B exited DeFi in just 48 hours. Total panic. 2/ The "DeFi United" Counter-Strike 🛡️The recovery isn't just luck; it’s a war.Arbitrum Security Council: Clamped down and frozen 30,765 ETH ($71M+) in the hacker's tracks. 🛑$AAVE Liquidations: In a legendary move, Aave liquidated the hacker's own "fake" positions to recover 13,000 ETH. Play stupid games, win stupid prizes. 🤡3/ The Numbers 📊Total Loss: ~$293,000,000Total Recovered/Backstop Pledged: ~90%The Gap: Only 10% left to reach "full backing." We are witnessing one of the most successful recoveries in crypto history.4/ What now for YOU? 🏃💨If you held rsETH, don't sleep on this.The Reimbursement Portal is live.arbitrum AKA $ARB is currently in a legal cage match with law firms to release the frozen $71M back to you, the users.The Bottom Line: DeFi is maturing. Hacks are getting bigger, but the response is getting FASTER. The Kelp DAO recovery is the blueprint for the future of on-chain security.#KelpDAO #Aave #DeFi #Arbitrium #Web3
Headline: The $293M Kelp DAO Heist: The Great Recovery is ON! 🚨💸

DeFi just dodged a nuclear bullet. If you thought the Kelp DAO exploit was the end, you weren’t paying attention.
Here is how $293,000,000 almost vanished—and how it’s being clawed back RIGHT NOW.
🧵👇1/ The Chaos 🌪️April 18, 2026: A massive oracle exploit drained Kelp DAO of $293M. rsETH was depegging, Aave was facing a $100M+ bad debt crisis, and $13B exited DeFi in just 48 hours. Total panic.
2/ The "DeFi United" Counter-Strike 🛡️The recovery isn't just luck; it’s a war.Arbitrum Security Council: Clamped down and frozen 30,765 ETH ($71M+) in the hacker's tracks.
🛑$AAVE Liquidations: In a legendary move, Aave liquidated the hacker's own "fake" positions to recover 13,000 ETH. Play stupid games, win stupid prizes. 🤡3/ The Numbers 📊Total Loss: ~$293,000,000Total Recovered/Backstop Pledged: ~90%The Gap: Only 10% left to reach "full backing." We are witnessing one of the most successful recoveries in crypto history.4/ What now for YOU? 🏃💨If you held rsETH, don't sleep on this.The Reimbursement Portal is live.arbitrum AKA $ARB is currently in a legal cage match with law firms to release the frozen $71M back to you, the users.The Bottom Line: DeFi is maturing. Hacks are getting bigger, but the response is getting FASTER. The Kelp DAO recovery is the blueprint for the future of on-chain security.#KelpDAO #Aave #DeFi #Arbitrium #Web3
Nadia Al-Shammari:
هديةمني لك تجدها مثبت في اول منشور 🌹
Arbitrum voted to unlock roughly $71M in $ETH frozen after $rsETH exploit #Arbitrum delegates approved releasing 30,765 $ETH (~$71M) tied to last month’s Lazarus Group-linked #rsETH exploit, setting the stage for a clash between decentralized governance and an ongoing U.S. court battle over ownership of the funds. The funds are designated for a joint recovery effort led by #Aave , #KelpDAO , #LayerZero, #EtherFi, and #Compound to reimburse affected users. 👉 coindesk.com/markets/2026/05/08/arbitrum-approves-usd71-million-eth-release-despite-u-s-seizure-fight
Arbitrum voted to unlock roughly $71M in $ETH frozen after $rsETH exploit

#Arbitrum delegates approved releasing 30,765 $ETH (~$71M) tied to last month’s Lazarus Group-linked #rsETH exploit, setting the stage for a clash between decentralized governance and an ongoing U.S. court battle over ownership of the funds. The funds are designated for a joint recovery effort led by #Aave , #KelpDAO , #LayerZero, #EtherFi, and #Compound to reimburse affected users.

👉 coindesk.com/markets/2026/05/08/arbitrum-approves-usd71-million-eth-release-despite-u-s-seizure-fight
Article
Kelp DAO Heist: 18 Days LaterOn April 20th, the decentralized protocol Kelp DAO fell victim to a massive hacking attack, with losses exceeding $300 million. Within the first few hours after the incident, it was clear that this was one of the biggest heists in the DeFi sector in recent years. In this article, we will analyze what is known so far and take a detailed look at the investigation's progress over the first 18 days post-hack.

Kelp DAO Heist: 18 Days Later

On April 20th, the decentralized protocol Kelp DAO fell victim to a massive hacking attack, with losses exceeding $300 million. Within the first few hours after the incident, it was clear that this was one of the biggest heists in the DeFi sector in recent years. In this article, we will analyze what is known so far and take a detailed look at the investigation's progress over the first 18 days post-hack.
KelpDAO Accuses LayerZero Over $292M rsETH Bridge Exploit, Moves to Chainlink CCIP   KelpDAO has blamed LayerZero for a $292 million cross-chain bridge exploit in April that allegedly drained about 116,500 rsETH. The project claims the breach stemmed from a compromised 1:1 validator setup that was approved by LayerZero staff. In response, KelpDAO says it’s migrating away from LayerZero and adopting Chainlink CCIP to strengthen cross-chain security. $ETH #KelpDAO #IranDealHormuzOpen #USAprilADPPayrollsBeatExpectations
KelpDAO Accuses LayerZero Over $292M rsETH Bridge Exploit, Moves to Chainlink CCIP
 
KelpDAO has blamed LayerZero for a $292 million cross-chain bridge exploit in April that allegedly drained about 116,500 rsETH. The project claims the breach stemmed from a compromised 1:1 validator setup that was approved by LayerZero staff. In response, KelpDAO says it’s migrating away from LayerZero and adopting Chainlink CCIP to strengthen cross-chain security.
$ETH #KelpDAO #IranDealHormuzOpen #USAprilADPPayrollsBeatExpectations
·
--
🚨🔥 AAVE JUST FINISHED LIQUIDATING THE KELP DAO ATTACKER’S rsETH POSITION! 🔥🚨 One of the biggest DeFi recovery operations is entering its FINAL stage 👀💰 According to reports, Aave has officially completed the liquidation of the remaining rsETH position linked to the Kelp DAO attacker 😳 📌 What happened? 👉 The exploit caused losses estimated at around $292 MILLION 👉 Aave approved emergency actions to deal with the attacker’s position 👉 The platform even temporarily adjusted the rsETH oracle price during governance voting to force the liquidation ⚠️ Now the recovered collateral is being transferred to a special multisig wallet called “Recovery Guardian” 🛡️ This wallet is managed by DeFi United and focused on: ✅ restoring rsETH backing ✅ recovering assets ✅ compensating affected users 💬 Aave says all temporary changes will be fully reverted after the recovery process is complete. ⚡️ This could become one of the most important DeFi recovery cases of the year. The crypto industry is watching closely 👀 #AAVE #DeFi #Crypto #KelpDAO #Bullish $AAVE {future}(AAVEUSDT)
🚨🔥 AAVE JUST FINISHED LIQUIDATING THE KELP DAO ATTACKER’S rsETH POSITION! 🔥🚨
One of the biggest DeFi recovery operations is entering its FINAL stage 👀💰
According to reports, Aave has officially completed the liquidation of the remaining rsETH position linked to the Kelp DAO attacker 😳
📌 What happened? 👉 The exploit caused losses estimated at around $292 MILLION 👉 Aave approved emergency actions to deal with the attacker’s position 👉 The platform even temporarily adjusted the rsETH oracle price during governance voting to force the liquidation ⚠️
Now the recovered collateral is being transferred to a special multisig wallet called “Recovery Guardian” 🛡️ This wallet is managed by DeFi United and focused on: ✅ restoring rsETH backing ✅ recovering assets ✅ compensating affected users
💬 Aave says all temporary changes will be fully reverted after the recovery process is complete.
⚡️ This could become one of the most important DeFi recovery cases of the year. The crypto industry is watching closely 👀
#AAVE #DeFi #Crypto #KelpDAO #Bullish $AAVE
KelpDAO has pointed the finger at LayerZero following a major rs$ETH bridge exploit worth about $292M. According to KelpDAO, the attacker drained roughly 116,500 rs$ETH in April by abusing a cross-chain bridge setup tied to a compromised 1:1 validator configuration—a configuration KelpDAO says was approved by LayerZero personnel.   In response, KelpDAO announced it is migrating away from LayerZero and moving to Chainlink CCIP for its cross-chain messaging/bridging needs, citing a push for stronger security and risk controls going forward. #KelpDAO #LayerZero
KelpDAO has pointed the finger at LayerZero following a major rs$ETH bridge exploit worth about $292M.
According to KelpDAO, the attacker drained roughly 116,500 rs$ETH in April by abusing a cross-chain bridge setup tied to a compromised 1:1 validator configuration—a configuration KelpDAO says was approved by LayerZero personnel.
 
In response, KelpDAO announced it is migrating away from LayerZero and moving to Chainlink CCIP for its cross-chain messaging/bridging needs, citing a push for stronger security and risk controls going forward.

#KelpDAO
#LayerZero
callmesae187:
check my pinned post and claim your free two red package and also win quiz in just two click in the link🎁🎁💥
Article
First-Party Oracle in the Post-KelpDAO Infra Maturity SupercycleAsymmetric Degen Play Backed by DWF Labs, $6B+ VC Capital & Institutional RWA Demand (May 2026) Author: Research Capital Date: May 6, 2026 Disclaimer: This article is for research purposes only. Not investment advice. Past performance ≠ future results. 🔶Executive Summary April 2026 marked one of the largest stress tests for DeFi since Terra 2022. The $292 million exploit on the KelpDAO bridge (powered by LayerZero) didn’t exploit a smart contract but targeted off-chain infrastructure (compromised RPC + single verifier node). Consequence: DeFi TVL plummeted by $13 billion in just 48 hours, with rsETH losing backing of ~18% of circulating supply.

First-Party Oracle in the Post-KelpDAO Infra Maturity Supercycle

Asymmetric Degen Play Backed by DWF Labs, $6B+ VC Capital & Institutional RWA Demand (May 2026)

Author: Research Capital
Date: May 6, 2026
Disclaimer: This article is for research purposes only. Not investment advice. Past performance ≠ future results.

🔶Executive Summary
April 2026 marked one of the largest stress tests for DeFi since Terra 2022. The $292 million exploit on the KelpDAO bridge (powered by LayerZero) didn’t exploit a smart contract but targeted off-chain infrastructure (compromised RPC + single verifier node). Consequence: DeFi TVL plummeted by $13 billion in just 48 hours, with rsETH losing backing of ~18% of circulating supply.
Article
I Thought I Found the Future of DeFi—Until Everything UnraveledI came across KelpDAO almost by accident, and at first, I was genuinely intrigued. The idea of restaking ETH and turning it into a flexible asset like rsETH that could move across chains felt like a glimpse into where DeFi might be heading. I’ve always thought interoperability is the missing piece, and this seemed like a step in that direction. But then I learned about the $292 million exploit, and everything changed. KelpDAO blamed LayerZero, pointing to a risky single-verifier setup and compromised RPC nodes. LayerZero pushed back, saying that configuration wasn’t how their system was meant to be used. Watching both sides, I couldn’t help but feel how fragile these systems still are. Now KelpDAO is moving toward Chainlink’s CCIP, trying to rebuild trust. Meanwhile, millions remain frozen on Arbitrum, and the situation is tied to Lazarus Groupwhich honestly makes it all feel even heavier. It made me think about how quickly confidence can disappear in crypto. One moment it’s innovation, the next it’s damage control. I still believe cross-chain tech matters, but now I see the risks more clearly. So I’m left wondering are projects like this truly shaping the future of finance, or are we still experimenting with systems that aren’t ready for real-world trust? #KelpDAO #Ethereum $ETH {spot}(ETHUSDT)

I Thought I Found the Future of DeFi—Until Everything Unraveled

I came across KelpDAO almost by accident, and at first, I was genuinely intrigued. The idea of restaking ETH and turning it into a flexible asset like rsETH that could move across chains felt like a glimpse into where DeFi might be heading. I’ve always thought interoperability is the missing piece, and this seemed like a step in that direction.
But then I learned about the $292 million exploit, and everything changed. KelpDAO blamed LayerZero, pointing to a risky single-verifier setup and compromised RPC nodes. LayerZero pushed back, saying that configuration wasn’t how their system was meant to be used. Watching both sides, I couldn’t help but feel how fragile these systems still are.
Now KelpDAO is moving toward Chainlink’s CCIP, trying to rebuild trust. Meanwhile, millions remain frozen on Arbitrum, and the situation is tied to Lazarus Groupwhich honestly makes it all feel even heavier.
It made me think about how quickly confidence can disappear in crypto. One moment it’s innovation, the next it’s damage control. I still believe cross-chain tech matters, but now I see the risks more clearly.
So I’m left wondering are projects like this truly shaping the future of finance, or are we still experimenting with systems that aren’t ready for real-world trust?

#KelpDAO
#Ethereum
$ETH
Danny Tarin:
Nice content, easy to read
NORTH KOREA JUST ROBBED CRYPTO FOR $6,000,000,000 AND YOUR PROTOCOL COULD BE NEXT 🚨 This is NOT clickbait. Read this before you sleep tonight 👇 ❌ April 1, 2026: Drift Protocol on Solana — $295M gone in 12 MINUTES ❌ April 18, 2026: KelpDAO bridge hacked — $292M drained, $175M laundered through THORChain into BTC ❌ 2026 total: North Korea responsible for 76% of ALL crypto hack losses this year How did they do it? They didn't send a phishing link. They built real relationships with employees over 6 MONTHS. Then executed 31 pre-signed withdrawals in under 12 minutes. 🧊 The DeFi community pooled $300M+ in ETH to rescue KelpDAO victims. But who saves YOU when YOUR protocol gets hit next? 👉 Move assets to cold wallets 👉 Avoid protocols with single-verifier bridges 👉 Do NOT leave idle assets in cross-chain bridges Stay safe out there 🫡 This community protects each other. Drop a ❤️ if this post just saved your portfolio. #KelpDAO #DeFiSecurity #NorthKorea #Crypto #BinanceSquare #DYOR🟢 {future}(BTCUSDT) {spot}(ETHUSDT) {spot}(BTCUSDT)
NORTH KOREA JUST ROBBED CRYPTO FOR $6,000,000,000 AND YOUR PROTOCOL COULD BE NEXT 🚨

This is NOT clickbait. Read this before you sleep tonight 👇

❌ April 1, 2026: Drift Protocol on Solana — $295M gone in 12 MINUTES
❌ April 18, 2026: KelpDAO bridge hacked — $292M drained, $175M laundered through THORChain into BTC
❌ 2026 total: North Korea responsible for 76% of ALL crypto hack losses this year

How did they do it? They didn't send a phishing link.
They built real relationships with employees over 6 MONTHS.
Then executed 31 pre-signed withdrawals in under 12 minutes. 🧊

The DeFi community pooled $300M+ in ETH to rescue KelpDAO victims.
But who saves YOU when YOUR protocol gets hit next?

👉 Move assets to cold wallets
👉 Avoid protocols with single-verifier bridges
👉 Do NOT leave idle assets in cross-chain bridges

Stay safe out there 🫡 This community protects each other.
Drop a ❤️ if this post just saved your portfolio.
#KelpDAO #DeFiSecurity #NorthKorea #Crypto #BinanceSquare #DYOR🟢
KelpDAO vs LayerZero is turning into one of the biggest crypto disputes of the year 🚨 A massive $292M exploit linked to rsETH bridge has sparked serious accusations: KelpDAO blames LayerZero LayerZero fires back, pointing to a flawed single-verifier setup Meanwhile: 💰 $71M already frozen on Arbitrum ⚖️ Legal battle underway in New York This isn’t just about one exploit… It’s about security models, accountability, and trust in cross-chain infrastructure. In crypto, one weak point can cost hundreds of millions. Stay sharp. Verify everything. #CryptoNewss #defi #LayerZero #KelpDAO #Arbitrum $USDC
KelpDAO vs LayerZero is turning into one of the biggest crypto disputes of the year 🚨
A massive $292M exploit linked to rsETH bridge has sparked serious accusations:
KelpDAO blames LayerZero
LayerZero fires back, pointing to a flawed single-verifier setup
Meanwhile: 💰 $71M already frozen on Arbitrum
⚖️ Legal battle underway in New York
This isn’t just about one exploit…
It’s about security models, accountability, and trust in cross-chain infrastructure.
In crypto, one weak point can cost hundreds of millions.
Stay sharp. Verify everything.
#CryptoNewss #defi #LayerZero #KelpDAO #Arbitrum
$USDC
Login to explore more contents
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number