Login Sign Up
Back to Feed
DeFi

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.

Comments