Binance Research: April DeFi Exploits Triggered $13 Billion in Outflows

A wave of April exploits drove roughly $13 billion out of decentralized finance, sharply compressing total value locked and pushing onchain leverage back to 2021 levels. A $13 Billion Wipeout in Days Binance Research reported that April’s decentralized finance ( DeFi) exploits triggered around $13 billion in outflows, draining total value locked (TVL) across lending […]

via Shiraz Jagati