KelpDAO $292 Million Bridge Exploit: How DeFi's Biggest 2026 Hack Unfolded
A $292 million bridge exploit on KelpDAO on April 18, 2026 sent shockwaves through DeFi, triggering a $13 billion TVL outflow across the ecosystem. Here is what happened, how it was exploited, and what the response revealed about DeFi's composability risk.