Topic: Capital Flow After BZX Exploits (Read 99 times)
bZx news are influencing the market, and Compaund is obviously taking some share on the market, but i do not see for Aave that their share is big enough to be influential, they were just above 1%, and now they are close to 2%, which is also low market share
Only 2 weeks ago, DeFi was growing at a phenomenal pace, with locked value blazing past the $1B milestone and reaching an ATH of $1.2B.
After the bZx exploits, however, the value locked in DeFi plummeted below the coveted $1B mark; the 22.1% crash landed the segment at $926.7M. The locked value is significantly lower in all but 2 of the top 10 DeFi apps. This has helped the two outliers, Aave and Compound, significantly extend their market share in the DeFi pie.
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