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Kelp DAO Hack Leads to Sharp Decline in DeFi Liquidity, Accelerates USDe Redemption - CryptoQuant

2026/04/24 14:24 (Updated 2026/04/24 15:01)
CoinPost
Written by A.Yamada
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Kelp DAO Hack Leads to Sharp Decline in DeFi Liquidity, Accelerates USDe Redemption - CryptoQuant

Liquidity Crunch Spreads Across DeFi Markets

Liquidity Crunch Spreads Across DeFi Markets

CryptoQuant, a cryptocurrency analysis firm, released its weekly market report on the 22nd, analyzing the impact of the Kelp DAO (Kelp DAO) hacking on other DeFi (decentralized finance) markets.

Following the hack, liquidity in major DeFi markets has dried up, causing borrowing rates to skyrocket. ...

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MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more