# RSETH

The crypto market is living up to its reputation lately, providing a masterclass in price action. As we observe significant shifts, it’s clear that #CryptoMarketSeesVolatility isn’t just a headline—it’s the current reality for traders. Whether you are scalping the local lows or holding for the long term, understanding the "why" behind these moves is essential for staying ahead.
One of the most interesting developments in this volatile environment is the growth of Liquid Restaking Tokens (LRTs). Specifically, #rsETH is gaining massive traction as investors look for ways to maximize yield on the

#aave #zro #eth
😐 Over $6 billion has already been withdrawn from AAVE protocols!
Reason: KelpDAO hack
➤ Markets #rsETH frozen in Aave V3/V4, SparkLend, Fluid, and more than 9 other protocols.
➤ Layer Zero is called a “leaky” DEFI + the project team was silent for 10 hours after the hack. Later, they only wrote, “We are aware of the hack…trying to determine the root cause.”
Many DeFi protocols are stopping LayerZero integrations (OFT bridges).
➤ Kelp + LayerZero are preparing a joint official detailed public report (post mortem).
➤ MoveVM developers are pushing the transition of DEFI to the

🏴‍☠️👀 #RSETH #KERNEL Kelp DAO, probably hacked for $100 million