DeFi TVL drops 39% in 2026 amid market downturn and record hack activity
CoinTelegraph·
60-second summary
DeFi TVL is plummeting 39% in 2026 as a broader market downturn and record hack activity, including the massive Kelp DAO exploit, severely impact the sector. The Kelp DAO hack, one of the largest in DeFi history, has drained millions from investors, exacerbating the decline in DeFi TVL and raising concerns about security. Market confidence is waning.
DeFi TVL fell 39% in 2026 as a broader market downturn and fallout from major exploits, including the Kelp DAO hack, weighed on the sector.