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BitGo, Polygon Among Industry Giants Pushing Rate Limits After The Largest DeFi Exploit of 2026

BeInCrypto
Following a $292 million KelpDAO exploit, industry leaders are advocating for mandatory rate limits to curb potential losses in DeFi protocols.

Summary

A $292 million exploit of KelpDAO's rsETH on April 19, 2026, has triggered a wave of defensive measures across the DeFi ecosystem. Protocols like BitGo and Katana have temporarily restricted certain cross-chain operations to prevent further contagion, while industry figures are now pushing for structural rate limits. Experts suggest implementing throttled transfer caps and supply velocity limits on collateral, arguing that these controls would have significantly mitigated the damage from this record-breaking exploit.

(Source:BeInCrypto)