DeFi's Resilience: Why the Latest Exploit Doesn't Signal Its Demise
The recent $290 million exploit and the subsequent $13 billion decline in DeFi's total value locked may seem catastrophic at first glance, but a closer examination of the data reveals a different narrative. The exploit, which targeted KelpDAO's infrastructure, was a serious incident, but it also highlights the resilience of the DeFi ecosystem. The attack, which was linked to North Korea's Lazarus…