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Home Blockchain

Kelp DAO: 89.5K ETH Still Missing

by DigestWire member
April 24, 2026
in Blockchain, Crypto Market, Cryptocurrency
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Kelp DAO: 89.5K ETH Still Missing
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Kelp DAO: 89.5K ETH Still Missing

The post Kelp DAO: 89.5K ETH Still Missing appeared first on Coinpedia Fintech News

After one of 2026’s largest DeFi exploits, Kelp DAO is working with Aave and ecosystem partners to recover losses tied to rsETH. The attack, which involved minting unbacked tokens through a compromised cross-chain setup, created a major deficit across lending platforms. From the initial 163,200 ETH shortfall, around 43,000 ETH has been recovered and 30,700 ETH secured, leaving roughly 89,500 ETH still unresolved, while partners like Mantle, EtherFi, Lido, and Golem have pledged 43,500 ETH to help close the gap.

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