KelpDAO Exploit Triggers Cascading Failures Across DeFi Lending Markets
An exploit targeting KelpDAO on April 18 resulted in losses exceeding $300 million. The immediate aftermath caused bad debt accumulation on Aave and a broader wave of withdrawals across major DeFi protocols. We are observing how the damage propagates through interconnected lending markets.
This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.
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