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$293 Million Drained from Kelp DAO in Largest DeFi Exploit of 2026
Posted inMarkets

$293 Million Drained from Kelp DAO in Largest DeFi Exploit of 2026

by Oguz BuyukyildirimApril 19, 2026April 20, 2026

A coordinated attack on Kelp DAO’s cross-chain infrastructure drained $293 million on April 18, triggering one of the most severe contagion events in DeFi history. The exploit is now the largest of 2026, surpassing the $285 million Drift Protocol breach from just 18 days earlier. How the Attack Worked At 17:35 UTC, an attacker sent […]

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