🚨 @KelpDAO decided to move rsETH to Chainlink CCIP 👀
📊 The step came after considering the @LayerZero_Core architecture as the main reason for the April hack
⚠️ The attack caused losses exceeding $300 million in DeFi https://t.co/SFVmjqAEXK
Rewards
Kelp DAO Restaked ETH (RSETH)
$ 2,366.52 (RSETH/USD)
-1.34%
24H
Kelp DAO Restaked ETH Live Price data
Today's price of Kelp DAO Restaked ETH Is $ 2,366.52 (RSETH/USD). With A Market Cap Of $ 1.49B USD. 24-Hour Trading Volume Of $ 0 USD, A 24-Hour Price Change Of -1.34%, And A Circulating Supply Of 629.69K RSETH.
Kelp DAO Restaked ETH RSETH Price History USD
Track the price of Kelp DAO Restaked ETH for today, 7 days, 30 days and 90 days
Period
Change
Change (%)
Today
$ 32.17
-1.34%
7days
$ 111.88
4.89%
30days
$ 145.40
6.45%
90days
$ 411.04
20.68%
Own RSETH Now
Buy and sell RSETH easily and securely on BitMart.
Kelp DAO Restaked ETH Market Information
$ 2,366.50 24h Range $ 2,465.88
All time high
$ 5,081.08
All time low
$ 1,464.28
24h Change
-1.34%
24h Vol
$ 0
Circulating supply
0.63M
RSETH
Market cap
$ 1.49B
Max supply
--
Fully diluted market cap
$ 1.49B
Trade RSETH
Kelp DAO Restaked ETH X Insight
Badwi Crypto
Media
OnChain_Analyst
C
33.6K @BadwiCrypto Bearish
In April 2026, the cryptocurrency sector experienced over 25 security breaches, resulting in more than $629 million being stolen, highlighting serious security risks.
Badwi Crypto
Media
OnChain_Analyst
C
33.6K @BadwiCrypto 🚨 April 2026 was a harsh month for crypto 👀
📊
• 25 breaches in 29 days
• More than $629 million stolen
⚠️ Latest:
• Sweat Economy breach
• $3.46 million withdrawn (65% of supply) in just 30 seconds
⏱️ Rate:
One breach every 27 hours
💡 The month isn’t over yet… https://t.co/Vae1JWfX73
5
0
472
2026-05-06 21:37
Trend of RSETH after release
Extremely Bearish
In April 2026, the cryptocurrency sector experienced over 25 security breaches, resulting in more than $629 million being stolen, highlighting serious security risks.
Dami (the L0 guy)
Security_Expert
OnChain_Analyst
A
2.7K @rookie_of_Ph Bearish
The tweet exposes KelpDAO's false statements about the rsETH LayerZero configuration, pointing out that it initially used unsafe default settings and manually switched to a 1/1 configuration.
kelp’s intern hid this reply
that’s all you need to know
Bryan Pellegrino (臭企鹅) D
117.9K @PrimordialAA A ton of this is just completely untrue.
1) Kelp originally used the defaults which were MultiDVN or DeadDVN and manually migrated to a 1/1 config later
2) Almost 100% of the volume on a 1/1 config was rsETH
3) Not using a 1/1 for production applications is mentioned many times in the documentation.
The defaults Kelp is referencing in their screenshot were multiDVN or DeadDVN, which force-rejects an application using the defaults at all and requires them to manually set configuration.
rsETH was originally configured to use the default LayerZero configuration of a multiDVN setup of LayerZero Labs + Google:
Here are the exact transactions where that happens
Ethereum → Arbitrum:
https://t.co/C2uCxmpBCX
at 2024-02-06 03:09:47 UTC
Ethereum → Optimism:
https://t.co/vuQWxeyUUA
at 2024-02-06 03:09:59 UTC
KelpDAO then manually changed these to 1/1 configs:
For the original Feb 6 Ethereum routes to Arbitrum/Optimism, KelpDAO’s Ethereum contract switched from defaults to manual OApp-scoped config on 2024-04-0
18
2
2.6K
2026-05-06 16:57
Trend of RSETH after release
Extremely Bearish
The tweet exposes KelpDAO's false statements about the rsETH LayerZero configuration, pointing out that it initially used unsafe default settings and manually switched to a 1/1 configuration.
jfab.eth
FA_Analyst
OnChain_Analyst
S
9.3K @josefabregab Extremely Bearish
Suggest Kelp switch to Chainlink CCT standard to improve security.
Many things can be true regarding the Kelp & LayerZero exploit.
1. The LZ DVN got compromised.
2. LZ's default configuration is multi DVN, not a 1/1.
3. rsETH originally used LZ’s default multiDVN config (LayerZero Labs + Google)
4. Kelp manually changed its config from default to 1/1.
5. Kelp later deployed all configs as 1/1 setups.
6. Many LZ users still run 1/1 configs, but LZ discourages it for production code.
7. The 2/2 DVN setup of LZ + Nethermind processed the most volume among LZ security configs. 16/17 Nethermind admins are also admins on the LZ Labs DVN (94% overlap).
8. LZ comms should've been better after the incident.
9. There are still important questions that need answers from @LayerZero_Core, like those highlighted by @ChainLinkGod under Bryan's reply.
I believe that Kelp transitioning rsETH from LayerZero's OFT standard to @Chainlink's CCT standard is the safest and most logical alternative here.
But, for the sake of objectiveness, I'd also recommend reading @PrimordialAA's post underneath.
jfab.eth
FA_Analyst
OnChain_Analyst
S
9.3K @josefabregab https://t.co/xwJeKdNPBL
19
2
1.4K
2026-05-06 16:27
Trend of RSETH after release
Bearish
Suggest Kelp switch to Chainlink CCT standard to improve security.
About Kelp DAO Restaked ETH
Kelp DAO Restaked ETH (RSETH) is a cryptocurrency launched in 2023and operates on the Ethereum platform. Kelp DAO Restaked ETH has a current supply of 629,689.36193109. The last known price of Kelp DAO Restaked ETH is 2,384.67919546 USD and is down -0.89 over the last 24 hours. It is currently trading on 66 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://kelpdao.xyz/.
Read More
Official Links
Chain Explorer