🔥DeFi TVL has evaporated nearly $10 billion due to the KelpDAO hack incident, shrinking the industry’s scale


On April 19, Defillama founder 0xngmi said that the KelpDAO hack incident sparked a chain of panic withdrawals from DeFi lending protocols, including those on Solana and protocols not directly affected. Data shows: Aave net outflow of $6.2 billion (-23%), Morpho net outflow of $716 million (-9%), Sky net outflow of $272 million (-4%), and JupLend net outflow of $76 million (-8%). 0xngmi added that as a result, the entire DeFi TVL therefore evaporated nearly $10 billion, the industry “pie” shrank, and all participants were harmed.
#sol #aave
AAVE-4,38%
MORPHO-1,33%
SKY2%
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