"Dune Analytics found that 47% of 2,665 Layerzero apps use a 1-of-1 DVN setup, raising security risks. The KelpDAO rsETH exploit highlights how minimal setups can expose cross-chain vulnerabilities."
"Only about 5% of applications employ more robust setups requiring three or more independent verifiers, suggesting stronger configurations may rise as scrutiny increases."
"Layerzero's DVN model allows developers to choose how many independent verifiers are required to confirm transactions across chains, introducing trade-offs between efficiency and security."
Dune Analytics reports that 47% of 2,665 Layerzero applications utilize a 1-of-1 DVN setup, the minimum security level. This raises significant concerns about cross-chain vulnerabilities, especially following the KelpDAO exploit. Only 5% of applications employ more secure configurations with three or more independent verifiers. The findings indicate a trend where developers prioritize cost and performance over security, leading to potential risks in cross-chain infrastructure. The analysis highlights the need for stronger security measures in decentralized applications.
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