Bitwise News, April 19 — Regarding the Kelp DAO attack incident, Morpho CEO Paul Frambot said in a post that the Morpho smart contract is secure and operating normally. The exposure is limited, and the curator took preventive measures immediately; only about $1 million worth of ETH used as collateral in rsETH was borrowed in two isolated markets (out of thousands of markets). In roughly 500 Morpho Vaults (with deposits exceeding $10k), only 2 involve these markets, and the final impact still depends on how events unfold after the incident. Because Morpho uses a fully isolated market design, all other Vaults have not been affected.

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