Ondo Finance has confirmed the security of its cross-chain bridge following a recent attack on Kelp DAO. The company announced on X that the Ondo Bridge remains secure, with no funds lost or unusual activity detected. Built on LayerZero, the Ondo Bridge utilizes a unique security framework with four independent decentralized validation networks (DVNs): FCAT, LayerZero Labs, Canary, and Ondo’s proprietary validator. This architecture ensures that even if one DVN is compromised, the security of transfers is maintained.
Ondo Finance Assures Security of Bridge Following Kelp DAO Attack
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