Exploit Impact :
KelpDAO suffered $292M bridge exploit via LayerZero vulnerability, with hacker minting uncollateralized rsETH and borrowing real ETH on Aave, creating $230M bad debt.$KAT
KATUSDT
Trvl
0.02276
+73.34%
Contagion Effect :
Aave TVL crashed from $48.5B to $30.7B as panic withdrawals spread across DeFi protocols, while JPMorgan warned the incident exposes DeFi's interconnected fragility to institutions.$LAB
LABUSDT
Trvl
0.7406
+11.48%
Recovery Efforts :
Lido proposed contributing up to $5.8M in stETH for recovery, while Arbitrum froze 30,766 ETH, though most stolen funds already laundered through THORChain.
CHIPUSDT
Trvl
0.08843
-10.02%