Kelp Exploit Hits $293M, Sparks DeFi Contagion Across Platforms
19 hours ago- Kelp liquid restaking protocol suffers $293 million exploit, exposes systemic DeFi risks
- At least nine major platforms take emergency action to contain cross-protocol contagion
On April 19, 2026, Cointelegraph reported that the Kelp liquid restaking protocol was targeted in a major exploit