Kelp disputes LayerZero exploit blame

Kelp DAO plans to challenge LayerZero's claim that it caused the $290M exploit by using a 1/1 DVN setup, arguing the configuration was LayerZero's default.

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The biggest XPL risk may arrive before traders even see the real effect.


On September 25, Plasma is scheduled to unlock about 1.76 billion XPL.


That is roughly 17.6% of the total 10B supply, but the more important number is its relationship with the existing float: the unlock equals about 63.2% of the current circulating supply.


What makes this easy to underestimate is the recipient mix.


Tokenomics data shows roughly 47.5% goes to private investors and 47.5% to insiders, with the remainder going to the community.


That doesn't mean those tokens will immediately hit exchanges. An unlock creates permission to sell, not an obligation to sell.


But it changes the market's liquidity structure overnight.


There is another signal worth watching: previous monthly XPL unlocks were followed by negative 14-day price moves in several instances, although that history does not prove the unlock caused the decline.


The real trade-off is therefore simple:


Plasma needs a growing ecosystem to absorb a rapidly expanding liquid supply.


The technology can keep progressing while the token faces a completely different problem.


That distinction is what traders should be watching.$XPL #Kelp disputes LayerZero exploit blame

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The move followed the April 13 approval of Aave’s revenue-focused governance proposal and Fireblocks introducing institutional access to its lending markets. Support is at $100, while $103 acts as near-term resistance.

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AAVE was at $89 last week. CT was selling the Chaos Labs exit. It's at $106 today. The same week the risk manager left: AWW proposal passed with a landslide. All product revenue from Aave Pro, App, and Horizon now routes to the DAO. SOC 2 certified April 11. $350M USDT deposited in a single transaction on April 14. $89 was the price of a governance token on a protocol that just lost its risk manager. $106 is the price of a SOC 2 certified, DAO revenue protocol with $25B TVL and institutional money actively deploying. The market spent a week pricing the departure. It forgot to price what was left. Chaos Labs gap is still open. Every V4 cap increase until that seat is filled is a live test. But the protocol isn't waiting for the risk manager to show up before it moves. Bullish AAVE. The risk manager vacancy is the last overhang. What does the price look like when that seat gets filled?

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aave lost chaos labs, ACI, and BGD in six months. aave labs hoovered up 40+ functions and immediately came to the DAO for $42.5m. active devs are down 52%. they just bagged SOC 2 Type II and a UK EMI license. V4 launched with no incentives and still attracted ~$20m organically. this doesn’t behave like a DAO anymore; it looks like a regulated fintech where token holders have “governance” over an entity that already calls the shots. you’re effectively holding pseudo‑equity with no legal claim and paying $42.5m in dilution for the honor. // zero illusion

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#AAVE Update: Clear buy-side liquidity is visible on $AAVE chart, indicating strong downside interest. $AAVE is currently setting up well for a limit-based long from the marked demand zone. For additional confirmation, wait for a 4H candle closing green above the zone, which would strengthen the bullish continuation bias.

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Quietly, @alturax keeps compounding while most LP markets feel sleepy. Quick datapoints: • ~40% APY on stables (20% native), sourced from trading, arbitrage, and real assets • Pendle pool crossed $3M TVL • Vault now under real-time monitoring by @HypernativeLabs with pre-execution sims and automated responses (same infra used by Aave, Morpho, Euler, Circle) I grabbed my PnL card today hasn’t missed for me. I’m depositing via @turtledotxyz so I’m stacking native yield + ALTU rewards + Turtle Shells for Liquidity Leaderboard S2. This current window runs till Apr 30. Not flashy, just durable. NFA, but the risk-reward looks clean if you value security-first yield.

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Aave is becoming part of the treasury layer for institutional stablecoins. @FireblocksHQ adding Aave into its Earn product is the real signal here. Fireblocks already processes $200B+ in monthly stablecoin volume for 2,400+ institutions. Now that distribution can move into Aave from inside a familiar workflow. This is not just about yield. It is about distribution. Aave ended 2025 with $55B in deposits, 61.5% active loan market share, and more than $3T in all-time assets supplied. That is how Aave keeps getting stronger. Not by chasing noise. By becoming the rail that larger platforms plug into. This is how DeFi scales. And @aave is right at the center of it.

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Hey everyone, have you seen that @alturax just upgraded its security and this one actually makes a real difference? @HypernativeLabs is now monitoring the vault in real time, so every transaction gets checked before it processes and anything risky can be stopped right away. The whole system focuses on preventing issues instead of reacting after they happen. @HypernativeLabs already protects big names like Aave, Euler, and Circle, so the tech is solid and proven. For anyone using @alturax this simply means stronger protection with your funds actively watched, checked, and secured at the protocol level. Better security and way less worry overall.