# KelpDAOBridgeHacked

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#Gate13周年现场直击
THE LARGEST DEFI EXPLOIT OF 2026 JUST HAPPENED AND THE FALLOUT IS STILL SPREADING.
On April 18, 2026, at 17:35 UTC, an attacker drained 116,500 rsETH tokens worth approximately $292 million from Kelp DAO's LayerZero-powered cross-chain bridge. The stolen amount represents roughly 18 percent of rsETH's entire circulating supply of 630,000 tokens, and the exploit has now been officially confirmed as the largest DeFi hack of 2026. This was not a random smash-and-grab. It was a precision infrastructure attack, months in the planning, executed in under 46 minutes.
How the attack work
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Miss_1903:
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#KelpDAOBridgeHacked The $300M+ DeFi Bridge Exploit That Shook Cross-Chain Security in 2026
The Kelp DAO exploit is not just another DeFi hack—it represents a structural stress test failure of cross-chain finance itself. With more than $292 million in rsETH drained, this incident has now become one of the largest and most important security events in the 2026 crypto cycle, exposing deep architectural weaknesses in omnichain systems.
What makes this event more critical is not only the size of the loss, but how the exploit happened—by manipulating trust assumptions in cross-chain messaging infra
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Falcon_Official:
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#KelpDAOBridgeHacked
The KelpDAO Bridge Hack: A Devastating Blow to DeFi Security
On April 18, 2026, the liquid restaking protocol KelpDAO suffered one of the most catastrophic security breaches in DeFi history, with attackers draining approximately 116,500 rsETH tokens worth between $292 to $294 million. This exploit now stands as the largest DeFi hack of 2026, surpassing the previous record held by Drift Protocol's $285 million loss earlier in the month.
The attack targeted KelpDAO's cross-chain bridge infrastructure, specifically the rsETH bridge pathway running from Unichain to Ethereum m
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Falcon_Official:
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#KelpDAOBridgeHacked
The decentralized finance ecosystem witnessed one of its most severe security failures to date. Kelp DAO, a prominent liquidity restaking protocol, suffered a devastating exploit targeting its rsETH cross-chain bridge. Within minutes, approximately 116,500 rsETH—valued between $292 million and $293 million—was drained, accounting for nearly 18% of the token’s total circulating supply. This incident now stands as the largest DeFi hack recorded in 2026.
The breach originated within Kelp DAO’s bridge infrastructure, which relied on LayerZero’s cross-chain messaging system. S
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Yajing:
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#KelpDAOBridgeHacked
Gate Square | 4/20 Hot Topic: Kelp DAO Bridge Incident Causing Market Turmoil and Renewed DeFi Security Concerns Across Crypto Ecosystem
On April 20, the cryptocurrency market experienced a major shock event linked to a reported exploit affecting Kelp DAO’s bridge infrastructure. The incident quickly spread across DeFi discussions and market channels as one of the most significant security events of the period, raising concerns not only about the direct financial impact but also about the broader structural risks within cross-chain systems and restaking ecosystems.
Accord
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Falcon_Official:
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#KelpDAOBridgeHacked
2026’s Largest DeFi Exploit – Kelp DAO’s rsETH Bridge Drained of $292 Million
On April 18, 2026, at approximately 17:35 UTC, the liquidity restaking protocol Kelp DAO suffered a major security breach in its LayerZero-powered cross-chain bridge. The attacker successfully drained 116,500 rsETH (restaked Ether), valued at roughly $292–293 million. This amount represented approximately 18% of rsETH’s total circulating supply and stands as the largest DeFi hack recorded in 2026 so far.
How the Attack Unfolded
Kelp DAO’s rsETH bridge relied on LayerZero’s cross-chain messagin
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Yunna:
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#KelpDAOBridgeHacked
KelpDAO’s bridge exploit is not just another crypto hack headline. It is a serious reminder that in DeFi, the biggest risk is often not the main product users trust every day, but the infrastructure operating underneath it.
On April 18, an attacker drained 116,500 rsETH from KelpDAO’s bridge setup, worth around $290–$293 million at the time. That represented nearly 18% of rsETH’s circulating supply. Several reports have described it as the biggest DeFi exploit of 2026 so far.
What makes this incident especially important is that the core restaking model itself does not ap
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CryptoDiscovery:
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Major DeFi Shock Event Reshapes Market Risk Landscape (2026)
The decentralized finance ecosystem has been shaken by one of the most significant security breaches of the year involving the liquidity restaking protocol Kelp DAO. The incident centers around its rsETH cross-chain bridge infrastructure, which was compromised in a sophisticated exploit that drained approximately $292 million worth of assets, sending shockwaves across the broader crypto market and reviving concerns about cross-chain security design.
The attack targeted the protocol’s rsETH system, a restaked Eth
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MasterChuTheOldDemonMasterChu:
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#KelpDAOBridgeHacked 🚨⚠️ | Security Shock in DeFi
The market just received another reminder — in crypto, security is everything.
KelpDAO’s bridge exploit has triggered fresh concerns across the DeFi ecosystem, putting pressure on user confidence and highlighting the ongoing risks within cross-chain infrastructure.
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📉 What Happened
A vulnerability in the bridge mechanism was exploited, allowing attackers to drain funds by manipulating cross-chain validation logic.
👉 This is not just a bug — this is a system-level weakness
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💥 Immediate Market Reaction
• Users rushing to withdraw funds
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CryptoDiscovery:
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#KelpDAOBridgeHacked
The incident behind #KelpDAOBridgeHacked marks one of the most significant DeFi security events of the year, reinforcing a recurring structural vulnerability within the ecosystem—cross-chain bridge design.
A large-scale exploit targeting KelpDAO’s infrastructure resulted in the loss of approximately $290M+ worth of rsETH, making it one of the largest DeFi hacks in 2026. This was not a traditional smart contract failure, but rather a breakdown in how cross-chain communication was validated.
At its core, the attack exploited trust assumptions.
The attacker was able to send
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