Shared liquidity is shared contagion.
One exploit. Two architectures. In April 2026 a single restaking failure at KelpDAO drained more than $13 billion from interconnected DeFi in 48 hours — because a loss anywhere could become a loss everywhere. Press the trigger and watch the same shock meet two different designs.
Legacy · interconnected
A failure in one pool propagates across every shared collateral and bridge edge until the whole graph is underwater.
ımyo · siloed
The same shock hits one silo. The wall holds. Three silos never see it — there is no edge to travel along.
The diagram on the left is not a strawman. It is the topology of the protocols that lost $13 billion in two days.
Interconnection is sold as capital efficiency: collateral rehypothecated across markets, bridges stitching chains into one liquidity surface. The same edges that move capital move losses. There is no internal wall, so a single bad assumption — a restaking exploit, an oracle lie, a depeg — travels until it runs out of value to destroy.
ımyo refuses the edge. Liquidity is quarantined by chain and by market. The Sui silo and the Ethereum silo share no collateral and no receipt tokens — only a read-only AI Sentinel that watches both. A failure is underwritten to one silo by construction, not by the hope that governance reacts in time.
A wall you can prove beats a reaction you have to wait for.異名 · isolation
The siloed architecture.
How the wall is built in Move and Solidity, and why the silos share only a read-only Sentinel.
read RES · KelpKelp post-mortem.
The 48 hours that drained $13B, reconstructed edge by edge. The real-world version of the left-hand diagram.
read SIM · RatesRate explorer.
The AI curve against the legacy kink — watch the venue reprice before the cliff instead of at it.
run 06 · ProofThe build, in the open.
16 modules, 76/76 tests, ten adversarial attack simulations — including the cascade you just watched.
read