DeFi Sector Suffers $13 Billion Loss in 48 Hours Following KelpDAO Breach
A massive exodus of capital from the decentralized finance ecosystem has occurred in the wake of the KelpDAO protocol's weekend exploit. Over the past 48 hours, Aave, a leading DeFi lending platform, has seen a staggering $8.45 billion decline in deposits, contributing to a broader $13.21 billion drop in total value locked across DeFi. The total value locked, which represents the combined dollar …
April 20, 2026, 4:51 a.m.