Why DeFi isn't dead despite massive exploits and $13 billion investor exodus
Burns Brief
A $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
A $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story.
Key Takeaways
- A $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story