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DeFi TVL Plunges 39% in 2026 Amid Market Downturn and Kelp DAO Hack
Decentralized Finance (DeFi) Total Value Locked (TVL) plummeted by 39% in 2026, driven by a market downturn and major exploits like the Kelp DAO hack.

Decentralized Finance (DeFi) Total Value Locked (TVL) plummeted by 39% in 2026, driven by a market downturn and major exploits like the Kelp DAO hack.

The exploiter behind the Kelp DAO hack has laundered approximately $220 million in stolen funds, severely impacting recovery prospects for victims.