A $13 Billion DeFi Meltdown: KelpDAO Attack Sparks Widespread Decline
A massive exodus of capital from the decentralized finance ecosystem has occurred in the wake of the KelpDAO protocol's recent 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 decrease in total value locked across DeFi. Total value locked, a key metric for measuring liquidity a…
April 20, 2026, 4:51 a.m.