Kelp got hacked for another few hundred million. To be honest, this is yet another test for DeFi. First: Bad debt and redemption risks. Second: Trust crisis for LRT and LSD. Third: Long-term loss of confidence—two major incidents happened in April. Sometimes it really feels like DeFi is on the verge of dying. Too many rug pulls, too much money stolen by hackers. Personally, I probably won’t put money on-chain anymore. I used to believe in DeFi and thought LSDs were revolutionary. Now, the only thing I’ll consider is: Is it actually safe?