Six years after “DeFi Summer” is the sun already setting on the decentralized finance revolution?
KelpDAO’s $292 million rsETH exploit landed at the incorrect second for DeFi. Roughly $10 billion left the sector over the weekend, after confidence had already been shaken by Drift Protocol’s April 1 breach and Venus’s March autopsy. That mixture makes DeFi’s drawback tougher to disregard. Open DeFi is nonetheless alive, but it surely is shedding the case for…
