DeFi's Resilience: Why the Latest Exploit Doesn't Signal Its Demise
The recent $290 million exploit and the resulting $13 billion drop in DeFi's total value locked may seem catastrophic at first glance, but a closer examination of the data reveals a more nuanced story. The exploit, which targeted KelpDAO's infrastructure, was a serious incident, but it was not a fatal blow to DeFi. In fact, the sector has survived worse setbacks, including the collapse of Terra a…