OneKey Founder Yishi on Handling the KelpDAO Hack1, Best case: negotiate with the hacker and offer a 10-15% bounty.2, If talks fail, let the LayerZero ecosystem fund cover most of the loss.3, KelpDAO is the weakest; compensate with tokens + future revenue, or sell the whole project to L0 or BMNR.4, Aave’s Umbrella and stkAAVE serve as the final backstop, but WETH depositors must not take any haircut — otherwise it would trigger repricing across Morpho, Spark, Fluid, Euler, blacklist the LRT sector, and set ...

Context: https://t.co/qUqIzvQ90Pmonetsupply.eth (@MonetSupply):because the final allocation of losses between rsETH on Ethereum (which is technically "fully backed") and external chains is still tbd, i can only read this as a statement of Aave Labs' preference - they would rather rsETH on mainnet to have zero haircut, and for rsETH on ...

RT Diego (@0xTakeProfits)All assets should be yield-bearingCurrently working on my next piece for @NexusDataLabs, analyzing syrupUSDC by @maplefinanceEarly findings:> market cap has grown from ~$50M to $1.6B since Feb 25> 80% of supply is on Ethereum, but highest DeFi utilization is on SolanaFull breakdown on Fri ...

All the money that was in DeFi is now flowing into NFTs.That makes sense.The average APY of bluechip NFTs was around 90% over the past year.Negative 90%, but still ...

$AAVE is down about 25%.The hack makes me very sad for everyone involved, and for how crypto defi will be perceived by politicians, even though banks experience a different type of hack and do not disclose it to the public because of laws protecting them... https://t.co/J2PqKFkTQzWendy O (@CryptoWendyO):What happened to RAVE and WETH on AAVE?Is it really over for Defi? ...

Total DeFI TVL down 10% on the day (-$9B) https://t.co/RzDMGWSZLO ...

eth thesis has been weakening consistently for years, solana this cycle dominated retail activity, hyperliquid dominated perps activity, rollups still have yet to gain significant traction & vitalik publicly abandoned gen usage rollup thesiseth's main value prop has been safety + security of defi & insto interest, current aave situation is mark on that value prop that has possibility to continue weakening confidenceeth in 2026 is in worse spot than it was in 2023, amplified by ai doing extremely well & tech ...

$ZRO is down 12.7% following Kelp DAO’s $292M exploit involving its LayerZero-powered bridge.An attacker used a forged lzReceive call to drain 116.5K rsETH, triggering DeFi market contagion. https://t.co/YYD3liU09b ...

What happened to RAVE and WETH on AAVE?Is it really over for Defi? ...

Stacked evening 🥞🔥Huge thanks to @BNBCHAIN for hosting an absolute banger with insanely packed rooms, discussion around AI agents, DeFi, and RWAs, and builder energy.(hope you all enjoyed the ice cream too 🍦) https://t.co/S5TQlzD9tW ...