Collateral Risk
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BSCN· 2026-04-26 21:15
DEFI'S Q2 PIVOT: PERPS DOMINATE AS LENDING REELS FROM KELP HACKDeFi is starting Q2 with two clear stories. On the perps side, @HyperliquidX captured 44-66% of decentralized derivatives market share in Q1 with $492.7B in volume, while platforms like @Velvet_Capital are bundling perps, spot, and yield into AI-powered terminals.On the lending side, the KelpDAO bridge exploit ($292M in stolen rsETH) wiped out roughly $13B in DeFi TVL in 48 hours, with @aave alone losing $8.45B in deposits and facing up to $230M ...