DeFi
April 22, 2026
Another DeFi protocol loses millions in hack days after KelpDAO breach
GG AI Summary
Volo Protocol suffered a hack resulting in a loss of approximately $3.5 million from vaults containing WBTC, XAUm, and USDC, shortly after the KelpDAO breach. This incident highlights ongoing security vulnerabilities in DeFi platforms. The repeated attacks may increase caution among investors and users in the decentralized finance space.
Sentiment:
15%
Bearish
Volo Protocol lost about $3.5 million from three vaults holding WBTC, XAUm, and USDC.
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