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The Edge Podcast
DeFi Dad and Nomatic interview crypto investors and builders about DeFi protocols, onchain markets, and investment theses.
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33 EPISODESENTRACKED SHOW
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The DeFi Circuit Breaker That Could Have Stopped The rsETH Exploit, And Why Linea Implemented It
Phylax’s circuit breaker, running on Linea’s sequencer since around January, has blocked over 4,000 drain attempts totaling $1.5M, including an otherwise unfixable 0x allowance exploit.With public on-chain policies, voluntary protocol opt-in, and no Phylax control, the system points toward ZK-connected institutional chains—but unresolved governance, regulatory, and security risks still shape adoption, including Linea’s rsETH near-miss and Circle’s freeze dilemma.