The fallout from the $293 million KelpDAO exploit over the weekend has spread across the DeFi ecosystem, with Total Value Locked (TVL) across several chains dropping significantly in the last 24 hours.
According to data from on-chain analytics platform DeFiLlama, at least 126 of the networks it tracks were in the red, with CosmoHub the hardest hit, having lost more than 1,500% of its TVL in that period.
A Broad-Based Retreat Across Major Chains
Pseudonymous analyst Vet brought attention to the decline, writing in a post on X that TVL was going down on all the top 20 DeFi chains. “Money is exiting,” they noted, adding that people were “repricing the risk/reward.”
Indeed, when CryptoPotato checked the data, we found that the pullback was widespread, although the scale varied. For example, Ethereum, the largest DeFi chain with more than 1,700 protocols, posted a 24-hour TVL dip of nearly 11%. Its nearest rival, Solana, fared relatively better, going down by just over 4% in the las
We współpracy z: https://cryptopotato.com/defi-tvl-plummets-across-top-chains-after-kelpdao-hack/
