Kelp DAO cross-chain bridge attacked, approximately $292 million worth of rsETH stolen.

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According to CoinDesk, Kelp DAO's LayerZero-based cross-chain bridge was attacked, with attackers transferring 116,500 rsETH, worth approximately $292 million at current prices, representing about 18% of its circulating supply. This incident has become the largest DeFi attack so far in 2026. Affected by the incident, Aave, SparkLend, and Fluid have frozen rsETH-related markets, and Lido Finance has suspended new deposits for its earnETH product. Kelp DAO stated that it is investigating the incident in conjunction with LayerZero, auditing firms, and external security experts.

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