CHAINLETTER · Apr 21, 2026

What's Going On in DeFi?

0Sign in to vote or save

This page did not load. You can still read it on the original site — the toolbar below keeps your place in the directory.

Cross-chain bridges, centralisation risk, and a $293 million lesson for the industry

$293M drained from KelpDAO in 46 minutes, the largest DeFi exploit of 2026

$13.2B total DeFi TVL decline over 48 hours

$482M cumulative DeFi losses Q1 2026 across roughly 45 protocols

CONTEXT

It has been a rough few months

DeFi entered 2026 with genuine momentum. Total value locked was close to all-time highs, liquid restaking was pulling…

Nothing yet. Say the first thing.