$292 million stolen from KelpDAO yesterday🚨
That is not the scary part.
Aave — the largest lending protocol in DeFi — lost $11.6 billion in TVL the same day📉
31 out of 50 top DeFi protocols posted declines within 24 hours⚠️
The attacker's wallet traces directly to Tornado Cash🌪️
I pulled up my DeFi positions this morning and went through every single one.
Here is what concerns me most. KelpDAO is a restaking protocol. Every protocol using restaked ETH as collateral just inherited this risk whether they wanted to or not.
This is not contained. Restaking connects everything🔗
The question nobody is asking yet — how many other protocols are sitting on the same vulnerability right now?
ETH
2,137.61
+0.34%