DAILY DEGEN

← THE WIRE // THEDEFIANT.IO // 5M AGO // Chain

KELP DAO DRAINED $293M — AAVE FACING $200M+ BAD DEBT AFTER LAYERZERO BRIDGE EXPLOIT

Massive bridge exploit with quantified protocol losses and named victims—core DeFi risk event.

READ THE FULL STORY ON THEDEFIANT.IO ↗
Originally headlined: Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt