KelpDAO bridge just got rekt for $292M — biggest DeFi exploit of 2026 so far
Emergency freezes going live across multiple platforms
This is why bridge security remains the weakest link in DeFi infrastructure. Cross-chain protocols are honeypots waiting to happen.
If you're holding KELP or have funds on their bridge, check your positions NOW
Expect:
- Sharp selloff pressure
- Potential contagion to other restaking protocols
- Insurance claims if you're covered
Stay liquid. Bridge exploits historically take weeks to resolve and recovery rates are brutal