RECAP: KelpDAO's LayerZero-powered bridge drained of 116,500 rsETH (~$292M), about 18% of circulating supply, in 2026's biggest DeFi exploit

RECAP: Attackers drained KelpDAO's LayerZero-powered bridge of 116,500 rsETH valued at roughly $292M, representing about 18% of the token's circulating supply. The incident, described as the largest DeFi exploit of 2026 so far, prompted emergency freezes across Aave, SparkLend and Fluid.