Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs
Burns Brief
The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.
Key Takeaways
- The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance