BlockBeats News, April 19th, Defillama founder 0xngmi stated that the KelpDAO hack has triggered a DeFi lending protocol bank run, causing a chain reaction of panic withdrawals, even protocols on Solana and those not directly affected were not spared. The specific data is as follows:
Aave Net Outflow of $6.2 billion (-23%)
Morpho Net Outflow of $0.716 billion (-9%)
Sky Net Outflow of $0.272 billion (-4%)
JupLend Net Outflow of $76 million (-8%)
0xngmi additionally stated that the entire DeFi TVL has therefore directly evaporated nearly $10 billion. In such events, there are no winners, only causing the whole industry’s “cake” to shrink, and everyone suffers.
