After the KelpDAO attack, DeFi total
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According to The Block, since the KelpDAO cross-chain bridge attack in mid-April, the total DeFi total value locked (TVL) has dropped by about 14%, falling from approximately $172 billion to $148 billion. Attackers exploited an off-chain infrastructure vulnerability to steal around $292 million, exposing new risks. Lending protocol TVL declined the most, dropping from about $53 billion to $40 billion, while liquidity restaking protocols also experienced a significant decrease.
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