#rsETH攻击事件后续进展 Isolation pools + mandatory insurance + risk re-pricing, safety no longer has a "free lunch"

The KelpDAO incident marks the official end of the LRT craze, and the DeFi market will usher in three irreversible risk control reforms.
Isolation in lending markets: Aave's non-isolated lending model is becoming history, with assets restricted to fully independent "Siloed Pools." Even if a single asset encounters issues, it cannot affect assets in other liquidity pools.
Curve founder Michael Egorov stated that the non-isolated lending model has good scalability but higher risks, recommending the market adopt a fully isolated or hybrid model. Although a fully isolated architecture may reduce capital efficiency, it will significantly enhance the system's resilience to risks.

Mandatory insurance modules: The Umbrella module will push protocol insurance from an "optional feature" to a "necessary component." In the future, any new assets listed on mainstream lending platforms like Aave may be required to deposit a certain proportion of collateral into the corresponding insurance vault as the first source of compensation in case of market default or theft.

Risk re-pricing of DeFi assets: Yishi, founder of OneKey, bluntly stated that the returns and risks of DeFi are now completely disproportionate, and security has rigid costs. The market will re-evaluate risks. Protocol fee rates and infrastructure costs will face upward pressure; otherwise, security investments cannot be sustained.
Therefore, DeFi assets need to be re-priced based on their underlying security. Encapsulated assets like LRT have significantly higher risks than native assets, and lending platforms should incorporate risk discounts for encapsulated assets into their risk control models.

The KelpDAO hack is a harsh mirror reflecting the collective neglect of safety bottom lines in DeFi’s pursuit of extreme yields and cross-chain expansion. The nearly $300 million loss is costly, but if it prompts DeFi to shift from blindly pursuing composability to seeking robustness, it may be the tuition fee the industry must pay for maturity.
In the aftermath of the KelpDAO incident, the market is gradually realizing that the true value of DeFi lies in providing a more transparent, safer, and more resilient financial infrastructure. When the tsunami recedes, what remains will be a stronger foundation.