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Venus speaks out on the Kelp incident: the platform has no rsETH exposure and has proactively adjusted the collateral rates of six asset types to 0

2026-04-19 09:13:41
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Venus Protocol posted on platform X regarding the Kelp incident, stating that the platform has zero exposure to rsETH, has not incurred any bad debts, and user funds are safe.

As a precaution, based on the recommendations of the risk management party Allezlabs, the platform has temporarily adjusted the collateral factors for the following six types of assets to 0: USDe, sUSDe, SolvBTC, xSolvBTC, USD1, XAUM. Users can still directly repay and withdraw the above assets through the Venus UI, and updates will be released once the collateral rates return to normal.

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