DeFi lending protocols
Search documents
X @Token Terminal ๐
Token Terminal ๐ยท 2026-04-29 14:53
RT David Alexander II (@Mega_Fund)The KelpDAO exploit on April 18th triggered over $10B in withdrawals from DeFi lending protocols and a full repricing of risk across the sector.Yet @sparkdotfi emerged as the standout beneficiary. Net deposits have surged to $5B (+77%), while active loans are up 78%.Spark's institutional-grade savings product and conservative collateral standards kept it insulated from rsETH contagion, while others faced liquidity stress and precautionary withdrawals.The flight to quality i ...