PANews|Apr 19, 2026 07:23
[Morpho CEO: Limited rsETH Exposure, Approximately $1 Million ETH Lent with rsETH as Collateral]
In response to the Kelp DAO attack incident, Morpho CEO Paul Frambot stated that the Morpho smart contracts are secure and functioning normally. The exposure is limited, and the curator took preventive measures immediately. Only approximately $1 million worth of ETH has been lent with rsETH as collateral in two isolated markets (out of thousands of markets). Among the roughly 500 Morpho Vaults (with deposits exceeding $10,000), only 2 are involved in these markets. The final impact will depend on the subsequent developments of the incident. Due to Morpho's fully isolated market design, all other Vaults remain unaffected.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink