🚨 What the hell is going on in DeFi?


April 2026 is the worst month DeFi has ever seen.
$800M+ gone in 26 days.
• Kelp DAO: $292M
• Drift: $285M
• Grinex: $13.7M
• Rhea Finance: $7.6M
• Volo: $3.5M
• Purrlend: $1.5M
• CoW Swap: $1.2M
• Aethir: $423K
• Silo: $392K
• Scallop: 150K SUI
Smart contract bugs are down 89%.
It's not the code anymore.
It's keys. Bridges. Admin roles. Single signers. Missing timelocks.
Every protocol on this list was audited.
The chain isn't the weak link.
The people holding keys are.
DRIFT1,17%
RHEA0,49%
COW1,92%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin