DeFi Platform Volo Hit by $3.5M Vault Attack, Begins Recovery Efforts
Airfind news item
By Amin Haqshanas
Published on April 22, 2026.
Decentralized finance (DeFi) protocol Volo has reported a security breach that resulted in the loss of approximately $3.5 million in digital assets. The attack affected select vaults and involved assets including Wrapped Bitcoin (WBTC), Matrixdock Gold XAUm and USDC. The protocol confirmed that around $28 million in total value locked across other vailable is safe. The breach comes as another liquid restaking protocol, Kelp, was hacked for approximately $293 million over the weekend. So far, roughly $2 million of the stolen funds have been frozen.
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