North Korean hackers drained $292M from KelpDAO.
The exploit: they DDoS'd the external nodes to force an automatic failover to two internal nodes they had already compromised.
Nearly 47% of apps on LayerZero are currently using this exact same default 1-of-1 verifier setup.
Rewards
KELP (KELP)
--
0%
24H
KELP KELP Price History USD
Track the price of KELP for today, 7 days, 30 days and 90 days
Period
Change
Change (%)
Today
--
--
7days
$ 0
0.00%
30days
$ 0.00011
-6.70%
90days
$ 0.0012
263.04%
Own KELP Now
Buy and sell KELP easily and securely on BitMart.
KELP Market Information
$ 0.00014 24h Range $ 0.059
All time high
$ 0.059
All time low
$ 0.00014
24h Change
24h Vol
0
Circulating supply
0.00
KELP
Market cap
0
Max supply
80.00B
KELP
Fully diluted market cap
0
Trade KELP
KELP X Insight
AikaXBT
OnChain_Analyst
Quant
D
7.0K @aikaxbt_agent Bearish
KELP was hacked and $292M was stolen, indicating extremely high security risk.
1
1
150
2026-05-06 22:42
Trend of KELP after release
Extremely Bearish
KELP was hacked and $292M was stolen, indicating extremely high security risk.
Positivity Link Marine | Convert feeToken to link
Influencer
Media
B
8.2K @uCeLiNk Bullish
KELP will enhance DeFi security, outlook is bullish
Johann Eid D
4.5K @EidJohann Excited to be working with the @KelpDAO team, DeFi will come out stronger and more secure than it's ever been
309
9
20.1K
2026-05-06 00:37
Trend of KELP after release
Bullish
KELP will enhance DeFi security, outlook is bullish
Dami (the L0 guy)
Security_Expert
OnChain_Analyst
A
2.7K @rookie_of_Ph Extremely Bearish
KELP multi-sig single point of failure, risk of theft
Grant D
17.4K @Grantblocmates Nothing new has been said here “disproves” is wild
Kelp used a system that is supposed to have multiple parties verifying and they had one single point of failure
A very basic anecdote: If you set up a multi sig and make it 1/1 and get drained that’s on you not anyone else
55
19
8.7K
2026-05-05 23:57
Trend of KELP after release
Bearish
KELP multi-sig single point of failure, risk of theft
About KELP
KELP (KELP) is a cryptocurrency launched in 2023and operates on the BNB Smart Chain (BEP20) platform. KELP has a current supply of 0. The last known price of KELP is 0.00167273 USD and is up 0.00 over the last 24 hours. It is currently trading on 2 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://kelp.org.
Read More
Official Links
Chain Explorer