Opinion: DeFi TVL Evaporates Nearly $10 Billion Due to the KelpDAO Incident, Shrinking the Industry's "Cake"

BlockBeats News, April 19th, Defillama founder 0xngmi stated that the KelpDAO hack incident triggered a DeFi protocol-wide panic withdrawal, causing even protocols on Solana and those not directly affected to be unable to escape unscathed. The specific data is as follows:

Aave Net Outflow: $6.2 billion (-23%)

Morpho Net Outflow: $716 million (-9%)

Sky Net Outflow: $272 million (-4%)

JupLend Net Outflow: $76 million (-8%)

0xngmi further noted that the entire DeFi TVL consequently evaporated nearly $10 billion. In such events, there are no winners, only causing the overall industry's "cake" to shrink, with everyone suffering losses.