DailyMixed

Bitcoin & Crypto Daily Digest – 2026-04-21

JL Capital Research1 min read

  1. 01Kelp 1/1 multisig: $290M rsETH drained, Aave collateral haircut incoming
  2. 02Scenario 1: ETH core absorbs $92M, Aave TVL dips 1.5% max
  3. 03Polymarket: 22% Kelp socializes losses, 28% Aave TVL <10B 2026
  4. 04rsETH pricing scenario 1 absorption, not full socialized
  5. 05Aave 'safe DeFi' myth nuked, reputational nuke incoming
  6. 06WETH frozen, borrows disabled, governance locks positions
  7. 07LZ defaults blamed, Kelp chose single-sig for speed
  8. 08LRT collateral risk now real, no more 'never hack' narrative

Key Narratives

LayerZero default settings liabilityLRT single-sig bridge exploitsAave TVL resilience post-hackUmbrella asset contagion scenarios

Coins in Focus

AAVEwstETHrsETHWETH

Sources

  1. 1Polymarket: Will Kelp socialize rsETH losses? · polymarket.com
  2. 2Aave official response on rsETH collateral freeze · x.com
  3. 3Kelp DAO incident response April 20 · x.com
  4. 4Coindesk: Kelp blames LayerZero defaults for $290M loss · coindesk.com
  5. 5Polymarket: Aave TVL below 10B in 2026? · polymarket.com
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