ZachXBT Flags $280M+ KelpDAO Exploit Hitting Ethereum DeFi Lending Markets

Key Takeaways:
Drift Protocol Hack 2026: What Happ

ZachXBT Flags 0M+ KelpDAO Exploit Hitting Ethereum DeFi Lending Markets

ZachXBT Flags $280M+ KelpDAO Exploit Hitting Ethereum DeFi Lending Markets

Key Takeaways:

Drift Protocol Hack 2026: What Happened, Who Lost Money, and What’s Next

Bitcoin.com News

Bitcoin.com News

Drift Protocol Hack 2026: What Happened, Who Lost Money, and What’s Next

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A Solana-based perpetual futures exchange lost $286 million in 12 minutes on April 1, 2026, after attackers spent three weeks…

This incident is separate from the Drift Protocol exploit first reported on by Bitcoin.com News on April 1, 2026, which involved roughly $280 million drained primarily on Solana before USDC was bridged to Ethereum via CCTP. The mechanics, chains, and timelines are distinct.

Anyone holding rsETH or related positions on Aave, Compound, or other lending markets was being advised by community members to review exposure while the situation remained unresolved.

The six attacker wallets identified by ZachXBT remain active targets for onchain tracing as analysts work to map where the funds moved after leaving Aave.

Editor’s note: This article was updated at 4 p.m. ET to note that the Aave multisig guardian froze rsETH on specific lending markets.

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