Incident Overview
KernelDAO (KERNEL) is a cryptocurrency launched in 2023and operates on the Ethereum platform. KernelDAO has a current supply of 1,000,000,000 with 286,308,020 in circulation. The last known price of KernelDAO is 0.06115433 USD and is down -2.74 over the last 24 hours.
It is currently trading on 133 active market(s) with $6,549,247.01 traded over the last 24 hours. More information can be found at https://kerneldao.com/.
Incident Report
Protocol Information
Market Context at Time of Hack
What Auditors Should Check
If you're auditing a protocol with similar architecture to KelpDao, these are the critical security checks that could have prevented this incident (April 2026).
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
Free TrialSources & References
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Source 1 https://rekt.news/kelpdao-rekt
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