{"id":19891,"date":"2026-04-28T11:55:53","date_gmt":"2026-04-28T06:55:53","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/"},"modified":"2026-04-28T11:55:53","modified_gmt":"2026-04-28T06:55:53","slug":"after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/","title":{"rendered":"After $800 million in hacks, the DeFi market faced capital outflows and declining trust"},"content":{"rendered":"<h3>Why is this important<\/h3>\n<p>A series of hacks in DeFi increases risks for the entire crypto market and directly affects investor confidence. The massive outflow of funds highlights the vulnerability of interconnected protocols and the \u201cchain reaction\u201d effect in times of crisis. At the same time, the response of the crypto community demonstrates the market\u2019s ability to self-regulate and recover quickly. For institutional players, this is a signal to participate more cautiously, and for the industry, a call to strengthen security standards.   <\/p>\n<h3>What happened<\/h3>\n<ul>\n<li>After a series of hacks targeting DeFi protocols worth about $800 million, the market <a href=\"https:\/\/www.rbc.ru\/crypto\/news\/69eb2f389a79471106b391bd?utm_source=telegram&amp;utm_medium=post&amp;utm_campaign=crypto\">faced<\/a> a sharp outflow of funds and a decline in confidence.<\/li>\n<li>Major financial institutions, including JPMorgan Chase and Jefferies, warned of risks to the sector\u2019s further development.<\/li>\n<li>Amid the crisis, the crypto community launched an initiative to support Aave, raising more than $200 million to cover losses.<\/li>\n<\/ul>\n<h3>Numbers and facts<\/h3>\n<ul>\n<li>In April 2026, losses from the hacks amounted to at least $570 million, while the total losses from the series of attacks approached $800 million.<\/li>\n<li>The largest incident was the $290 million hack of Kelp DAO, linked to the issuance of 116,500 unbacked rsETH.<\/li>\n<li>After the attack, users withdrew more than $10 billion from Aave within a few days, while total capital outflows from the sector are estimated at about $20 billion.<\/li>\n<li>The total value locked in DeFi fell to less than $84 billion, compared with peak levels of about $180 billion in 2021.<\/li>\n<li>The DeFi United support initiative attracted more than 47,500 ETH, worth over $110 million, while total commitments exceeded $200 million.<\/li>\n<li>Aave\u2019s post-hack shortfall is estimated at 118,400 ETH, with about 80% already covered through raised funds and frozen assets.<\/li>\n<li>Users are actively moving funds into stablecoins, primarily Tether.<\/li>\n<\/ul>\n<h3>Context<\/h3>\n<ul>\n<li>For investors, the situation means rising risks and greater attention to protocol security and asset diversification.<\/li>\n<li>For the crypto market, this is a signal to strengthen protection mechanisms and reconsider the architecture of interconnected services.<\/li>\n<li>For institutional players, new initiatives are likely to slow despite continued interest in blockchain technologies.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.<\/p>\n","protected":false},"author":7,"featured_media":19859,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":{"poster":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/69f0603285afa.jpg","width":1200,"height":630,"template":"2bf59057","mode":"auto"},"_sharing_image_fieldset":{"Dv78f24rp1hU":19859,"YlB8HH34jIzY":"After $800 million in hacks, the DeFi market faced capital outflows and declining trust"},"pin_until":"","footnotes":""},"categories":[2061],"tags":[2474,3431],"class_list":["post-19891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-cryptocurrencies","tag-safety"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>After $800 million in hacks, the DeFi market faced capital outflows and declining trust &#8212; Frank.uz<\/title>\n<meta name=\"description\" content=\"Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"After $800 million in hacks, the DeFi market faced capital outflows and declining trust\" \/>\n<meta property=\"og:description\" content=\"Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/\" \/>\n<meta property=\"og:site_name\" content=\"Frank.uz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FrankUzbekistan\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-28T06:55:53+00:00\" \/>\n<meta name=\"author\" content=\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:site\" content=\"@frank_uzb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/\",\"url\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/\",\"name\":\"After $800 million in hacks, the DeFi market faced capital outflows and declining trust &#8212; Frank.uz\",\"isPartOf\":{\"@id\":\"https:\/\/frank.uz\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/monetki.webp\",\"datePublished\":\"2026-04-28T06:55:53+00:00\",\"author\":{\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f\"},\"description\":\"Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.\",\"breadcrumb\":{\"@id\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#primaryimage\",\"url\":\"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/monetki.webp\",\"contentUrl\":\"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/monetki.webp\",\"width\":1033,\"height\":688},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/frank.uz\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"After $800 million in hacks, the DeFi market faced capital outflows and declining trust\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/frank.uz\/en\/#website\",\"url\":\"https:\/\/frank.uz\/en\/\",\"name\":\"Frank.uz\",\"description\":\"\u0414\u0435\u043d\u044c\u0433\u0438. \u0411\u0438\u0437\u043d\u0435\u0441. \u0412\u043b\u0430\u0441\u0442\u044c.\",\"alternateName\":\"\u0414\u0435\u043b\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0430\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/frank.uz\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f\",\"name\":\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/frank.uz\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g\",\"caption\":\"\u0421\u043d\u0435\u0436\u0430\u043d\u0430\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"After $800 million in hacks, the DeFi market faced capital outflows and declining trust &#8212; Frank.uz","description":"Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/","og_locale":"en_US","og_type":"article","og_title":"After $800 million in hacks, the DeFi market faced capital outflows and declining trust","og_description":"Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.","og_url":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/","og_site_name":"Frank.uz","article_publisher":"https:\/\/www.facebook.com\/FrankUzbekistan","article_published_time":"2026-04-28T06:55:53+00:00","author":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430","twitter_card":"summary_large_image","twitter_creator":"@frank_uzb","twitter_site":"@frank_uzb","twitter_misc":{"Written by":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/","url":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/","name":"After $800 million in hacks, the DeFi market faced capital outflows and declining trust &#8212; Frank.uz","isPartOf":{"@id":"https:\/\/frank.uz\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#primaryimage"},"image":{"@id":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#primaryimage"},"thumbnailUrl":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/monetki.webp","datePublished":"2026-04-28T06:55:53+00:00","author":{"@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f"},"description":"Users withdrew about $20 billion, while the crypto community raised more than $200 million to support Aave.","breadcrumb":{"@id":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#primaryimage","url":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/monetki.webp","contentUrl":"https:\/\/frank.uz\/wp-content\/uploads\/2026\/04\/monetki.webp","width":1033,"height":688},{"@type":"BreadcrumbList","@id":"https:\/\/frank.uz\/en\/news-en\/after-800-million-in-hacks-the-defi-market-faced-capital-outflows-and-declining-trust\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/frank.uz\/en\/"},{"@type":"ListItem","position":2,"name":"After $800 million in hacks, the DeFi market faced capital outflows and declining trust"}]},{"@type":"WebSite","@id":"https:\/\/frank.uz\/en\/#website","url":"https:\/\/frank.uz\/en\/","name":"Frank.uz","description":"\u0414\u0435\u043d\u044c\u0433\u0438. \u0411\u0438\u0437\u043d\u0435\u0441. \u0412\u043b\u0430\u0441\u0442\u044c.","alternateName":"\u0414\u0435\u043b\u043e\u0432\u044b\u0435 \u043d\u043e\u0432\u043e\u0441\u0442\u0438 \u0423\u0437\u0431\u0435\u043a\u0438\u0441\u0442\u0430\u043d\u0430","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/frank.uz\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/22b17879dce8c782bd3b1350f0628e1f","name":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/frank.uz\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e16d8bd779e5fb2c2c35e3c34ace4ba6b837417fcf508bca9b73abade4a261ca?s=96&d=mm&r=g","caption":"\u0421\u043d\u0435\u0436\u0430\u043d\u0430"}}]}},"_links":{"self":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts\/19891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/comments?post=19891"}],"version-history":[{"count":0,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/posts\/19891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/media\/19859"}],"wp:attachment":[{"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/media?parent=19891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/categories?post=19891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/frank.uz\/en\/wp-json\/wp\/v2\/tags?post=19891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}