Updated 21 April 2026 at 00:28CoinCex editorial review
KelpDAO Exploit Triggers Cascading Withdrawals Across DeFi Protocols
#Defi Decentralized applications (dApps) Decentralized finance (Defi) TVL
A $300 million exploit against KelpDAO on April 18 has propagated through lending markets and related protocols. Aave incurred bad debt and froze affected pools. The downstream effects reduced accessible liquidity across the broader DeFi ecosystem.
Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has experienced a cascading wave of withdrawals, affecting not only Aave but a wide range of other major DeFi protocols. Key Takeaways: KelpDAO exploit drained $300M+ on Apr. 18, hitting Aave with bad debt and freezes. […]
How this page was created
This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.
Original source
Bitcoin News↗Next recommended reading
Pre-Open: Futures Fall on Powell Investigation; Risk Aversion Spreads.
The New York stock market is preparing to open under tension. Reports of a criminal investigation into the Federal Reser
news
Standard Chartered expands digital asset operations, targeting institutional investors.
Standard Chartered is preparing to launch prime brokerage services for digital assets. This move reflects the intensifyi
news
Dollar, Treasuries, and Stock Indices Decline Together. Fed Controversy Reduces Appeal of US Assets.
The conflict between President Trump and Fed Chair Powell is resurfacing. This tension is reducing the investment appeal
news
