DeFiBearishThe Defiant · 4h ago7/10
💎
Dune Analytics Reveals 47% of LayerZero OApps Use Minimal DVN Security Following KelpDAO Hack
Dune Analytics found that 47% of LayerZero's 2,665 OApp contracts use single-validator Delegate Validator Networks (DVNs), creating concentrated security risks similar to the vulnerability exploited in the KelpDAO hack. This widespread reliance on minimal security configurations exposes a critical gap in cross-chain protocol safety that could affect numerous DeFi applications.
