SlowMist on Kelp DAO × LayerZero Systemic Risk
Contents
This article is the full English translation of the Techub News interview.
Original link: https://techub.info/html_pages/5ccd5646-052a-4530-b6ed-4229bb9b9330.html
Interviewer: Techub News
Interviewee: SlowMist Security Team
I. Opening Question
Techub News Interview Question 1: Please define this Kelp DAO rsETH × LayerZero incident in one sentence. Is it a single-point incident, or a landmark event indicating systemic risk in DeFi in 2026?
This is one of the most severe DeFi security incidents so far in 2026, and also a concentrated outbreak of systemic risk. It is not just a case of a single contract being hacked, but a cascading failure across a three-layer architecture involving LRT (Liquid Restaking Tokens), cross-chain bridges, and lending protocols — where a single DVN configuration compromise ultimately led to losses spreading from Kelp to Aave, and then to multiple protocols holding rsETH.
Techub News follow-up question: If you had to assign one label only?
It should be “a structural problem of the entire DeFi Lego system.” The …
Original link: https://techub.info/html_pages/5ccd5646-052a-4530-b6ed-4229bb9b9330.html
Interviewer: Techub News
Interviewee: SlowMist Security Team
I. Opening Question
Techub News Interview Question 1: Please define this Kelp DAO rsETH × LayerZero incident in one sentence. Is it a single-point incident, or a landmark event indicating systemic risk in DeFi in 2026?
This is one of the most severe DeFi security incidents so far in 2026, and also a concentrated outbreak of systemic risk. It is not just a case of a single contract being hacked, but a cascading failure across a three-layer architecture involving LRT (Liquid Restaking Tokens), cross-chain bridges, and lending protocols — where a single DVN configuration compromise ultimately led to losses spreading from Kelp to Aave, and then to multiple protocols holding rsETH.
Techub News follow-up question: If you had to assign one label only?
It should be “a structural problem of the entire DeFi Lego system.” The …