# rsETHAttack.

#rsETHAttackUpdate: Full Breakdown of the Exploit, Recovery, and Lessons Learned
The decentralized finance (DeFi) community was shaken on April 22, 2026, when a sophisticated attack targeted the rsETH liquid restaking token contract. rsETH, issued by Kelp DAO as a receipt token for EigenLayer restaking positions, saw its core deposit and withdrawal logic exploited, leading to an estimated $8.4 million in temporary asset drain. This post provides a detailed, step-by-step update on the incident – from the initial vector to the current post-mortem.
1. What is rsETH and Why Was It a Target?
rsETH