DeFi Sector Suffers $13 Billion Loss in 48 Hours Following KelpDAO Exploit
A massive exodus of capital is underway in the decentralized finance ecosystem, triggered by the recent KelpDAO protocol exploit over the weekend. Aave, a prominent DeFi lending platform, has witnessed a substantial decline of $8.45 billion in deposits within the past 48 hours, contributing to a broader decline of $13.21 billion in total value locked across DeFi. Total value locked, a widely used…
April 20, 2026, 4:51 a.m.