DeFi Lending Hacks Now Cost Users Just $3 for Every $10,000 Locked
Summary
Analysis by Keyring Network founder Alex McFarlane reveals that DeFi lending hack losses are statistically low, amounting to roughly 3 basis points (0.03%) of Total Value Locked (TVL). By examining 12 months of data on EVM chains and Solana—while excluding bridge incidents—the study shows that investors face an annualized risk of approximately $3 per $10,000. While mega-events still occur, the data suggests that diversification across protocols and a move toward minimalistic code design can help manage risks that are now quantifiable for lenders and insurers.
(Source:BeInCrypto)