DeFi's biggest 2026 hack just hit $292M

DeFi's biggest 2026 hack just hit $292M

From Token Metrics Daily Pulse by Token Metrics

April 18, 2026 · 7 min

About this episode

The episode discusses the $292 million hack of Kelp DAO and its implications for DeFi security.

Kelp DAO just lost $292 million in a bridge exploit. rsETH stranded across 20 chains. BTC slides to $76K. DeFi's security problem isn't getting smaller. Today's key developments: • The Kelp DAO exploit exposed a layered attack surface: restaked ETH on EigenLayer, a LayerZero-based bridge, and 20 destination chains — all failing together in a single coordinated hit that the restaking narrative wasn't prepared to absorb. • Bitcoin broke through seven months of resistance this week before sliding back toward $76K — and the narrative battle between bulls and bears is now fully open. • Solana futures open interest rose 20% this week as SOL briefly touched $90 before pulling back to $86 — derivatives traders are leaning in. 📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/defi-s-biggest-2026-hack-just-hit-292m-apr-18-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

Topics covered

  • DeFi
  • cryptocurrency
  • security
  • Bitcoin
  • Solana
  • market trends

Keywords

  • Kelp DAO
  • bridge exploit
  • DeFi security
  • Bitcoin
  • Solana futures

Mentioned in this episode

Organizations: Kelp DAO, EigenLayer, LayerZero, Solana

Products: rsETH, BTC

Places: 20 chains

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