{"id":596041,"date":"2026-05-08T15:52:42","date_gmt":"2026-05-08T15:52:42","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/08\/kelp-dao-exploit-prompts-defi-protocols-to-rethink-oracle-providers\/"},"modified":"2026-05-08T15:52:42","modified_gmt":"2026-05-08T15:52:42","slug":"kelp-dao-exploit-prompts-defi-protocols-to-rethink-oracle-providers","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/08\/kelp-dao-exploit-prompts-defi-protocols-to-rethink-oracle-providers\/","title":{"rendered":"Kelp DAO exploit prompts DeFi protocols to rethink oracle providers"},"content":{"rendered":"

\"Kelp<\/p>\n

Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups.<\/p>\n

Decentralized finance protocols are reevaluating their blockchain oracle providers\u2019 security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in recent days, citing security concerns around third-party oracle and bridge providers.<\/p>\n

On Thursday, Bitcoin DeFi platform Solv Protocol announced<\/a> it would migrate to Chainlink\u2019s Cross-Chain Interoperability Protocol (CCIP) and replace LayerZero bridges, citing an \u201cextensive security review\u201d concluding that CCIP provided the \u201cstrongest security assurances.\u201d\u00a0<\/p>\n

A day earlier, liquidity protocol Tydro also said<\/a> it was moving to Chainlink after its previous oracle provider, Chaos Labs, suffered an incident that prompted Tydro to pause<\/a> markets over concerns about inaccurate price feeds.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Solv Protocol and other DeFi projects are migrating to Chainlink infrastructure after the $293 million exploit exposed risks in third-party bridge and oracle setups. Decentralized finance protocols are reevaluating their blockchain oracle providers\u2019 security after the fallout from the $293 million Kelp DAO exploit last month. Several protocols have announced migrations to Chainlink infrastructure in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-596041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/596041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=596041"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/596041\/revisions"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=596041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=596041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=596041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}