Lenders using decentralized finance (DeFi) borrowing platforms on Ethereum Virtual Machine (EVM) chains and Solana lost only around $3 for every $10,000 deposited over the last 12 months, according to new research shared by Keyring Network founder Alex McFarlane. The findings suggest that DeFi lending markets remain relatively resilient despite growing concerns over crypto hacks and protocol exploits. Using data from DefiLlama collected on May 17, McFarlane analyzed non-bridge lending exploits across major DeFi protocols. The study found total gross losses of $30.9 million against an average… Read more
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