Fluid: Temporarily Paused Due to KelpDAO rsETH Incident, Market Impact, and User Funds Security

BlockBeats News, April 19th. DeFi protocol Fluid announced that it has "suspended related markets that may be affected by the KelpDAO rsETH incident. Fluid has no substantial exposure to rsETH on L2, and there has been no new borrowing activity using rsETH as collateral after the cross-chain bridge vulnerability occurred.

User funds are safe, and no action is required. All other Fluid markets remain secure and operational. The team is actively monitoring the situation and will provide updates when available."