KelpDAO sues LayerZero over $292M rsETH bridge exploit
LayerZero (ZRO)
Editor:
Eugene Serbin
According to bitcoinethereumnews.com, KelpDAO filed a lawsuit against LayerZero and its co-founder regarding the largest exploit of the year. The suit blames the universal bridge protocol for the $292 million drain that triggered one of the largest DeFi runs in crypto history. The claim was posted on X on Thursday, stating that the exploit was a direct result of the protocol's failure.
How the market reacted
Whalio's own Binance spot order flow for ZRO, measured when this story was written up on 25 September 2026. Not the outlet's figures.
ZRO is trading at $1.44 with a 24-hour buy ratio of 51.5%, indicating that buying pressure is currently balanced relative to the recent week but has cooled slightly in the last hour compared to the 24-hour average. The 1-hour buy ratio stands at 52.6%, while the 4-hour ratio has dropped to 48.7%, suggesting that short-term buying momentum is fading compared to the broader daily trend. Volume delta reflects this shift, with a positive +$12,354 in the last hour contrasting against a negative -$52,331 over the past four hours. The cumulative volume delta for the day is +$636,030, and the cumulative volume delta (CVD) at the 24-hour close is +$459,398, showing that net buying has dominated the session despite the recent dip. Spot volume reached $20,107,382 with 203,615 trades, and net buying occurred for 17 of the 24 hours.
The latest daily buy ratio of 49.7% sits at the 64th percentile of the last 322 days, against a median of 48.5% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for ZRO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 49.3%, making today’s 24-hour ratio of 51.5% an increase of 2.2 percentage points above the norm. This day also saw volume 1.55 times the weekly average, indicating an unusual level of activity compared to the standard trading pattern. Net buying occurred for 3 of the 7 days in the period, with a total volume delta of +$346,449 over eight days. The price rose 37.8% over the eight-day period, underscoring the significant volume and buying interest that has characterized this week for ZRO.