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DefiLlama is the largest aggregator of TVL for DeFi. Its data is fully open-source and maintained by a team of passionate individuals and contributors from hundreds of protocols.
Binance Records Weekly Net Outflow of $1.23 Billion; ETH Withdrawal Transactions Hit Over Three-Year High
Odaily reports, according to DefiLlama data, Binance saw a net outflow of $1.23 billion in the week starting June 29, a 207% increase from approximately $400 million the previous week. The total monthly net outflow stands at about $3.2 billion. CryptoQuant indicates that Binance's single-day ETH withdrawal transactions exceeded 166,000, marking the highest level in over three years. Over the same period, ETH rose approximately 12.5% in the past seven days, trading at $1,766 at press time; BTC gained 4.3% in the same period, trading at $62,925 at press time.DefiLlama data shows that Bitfinex recorded an outflow of $407.5 million over the past week, Gate saw $214.3 million in outflows, OKX had $87.1 million, and Bybit saw $78.4 million. Meanwhile, Crypto.com and HashKey Exchange posted net inflows of approximately $63 million and $53.3 million, respectively, while KuCoin, Gemini, and Bitvavo recorded net inflows of $22.1 million, $17.4 million, and $15.8 million. (Cointelegraph).
Immunefi CEO claims AI models lead to surge in crypto security vulnerabilities
Odaily, Mitchell Amador, CEO of bug bounty platform Immunefi, stated at the WAIB Summit that new AI models such as Claude Opus 4.8 and ChatGPT 5.5 are shifting the balance of cybersecurity offense and defense in favor of attackers, leading to a resurgence in crypto hacks in 2026. Data from DefiLlama shows that in April 2026, illicit actors stole over $634 million from crypto platforms, the highest monthly total since the Bybit hack in February 2025 drove losses of approximately $1.4 billion.Amador stated that the crypto industry is in a critical survival period for the next three to four years until security teams leverage similar AI models to build codebases that attackers cannot breach; if the industry adopts more crowd-sourced security solutions, this timeline could be shortened to within two years. The latest Claude Mythos model, Fable 5, from AI company Anthropic, previously raised concerns about accelerating the ability to exploit crypto vulnerabilities.Anthropic stated that Fable 5 has safeguards in place that will redirect topics related to cybersecurity and similar fields to Claude Opus 4.8. On April 19, an attacker transferred approximately 116,500 restaked Ethereum (rsETH) from Kelp DAO's LayerZero-based rsETH bridge, valued at around $290 million to $293 million at the time. Cross-chain protocol LayerZero stated that the 1/1 decentralized verification network configuration of Kelp DAO relied on a single verification path for processing cross-chain messages, creating a single point of failure. (Cointelegraph)
Bitget April Transparency Report: Ranked Second Globally in Stock Perpetual Futures Market Share
Bitget released its April 2026 transparency report, detailing the latest developments in its core businesses, including tokenized stocks, AI trading infrastructure, and IPO Prime. Data shows that in April, Bitget's average daily trading volume remained stable above $10 billion. According to DefiLlama statistics, its net inflow for the month reached $359.37 million, ranking second among centralized exchanges. Furthermore, Bitget secured the second position globally in stock perpetual futures market share for the first quarter.On the product ecosystem front, the adoption rate of AI trading tools such as GetAgent, GetClaw, Agent Hub, and Gracy AI continues to rise, empowering users with intelligent trading experiences through the UEX system. In terms of innovative products, Bitget launched IPO Prime, a subscription service for US stock IPOs, extending the product boundaries of UEX into the primary market. According to rwa.xyz data, its first-phase projects ranked third globally among tokenized private equity and VC assets.
Data: Solana, Mantle, and BSC ranked top three for net cross-chain bridge inflows over the past 7 days
According to DefiLlama data, Solana’s cross-chain bridges recorded a net inflow of $553.16 million over the past seven days, ranking first among all public blockchains. Mantle and BSC followed, with net inflows of $367.34 million and $224.11 million, respectively.
DefiLlama delays mobile app launch due to phishing impersonators on Apple's App Store
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
July crypto asset thefts reached $247 million, marking the second-highest month of 2026
Odaily News: DefiLlama data shows that hackers stole $247 million in crypto assets in July, making it the second-highest month since 2026, trailing only April's $644 million; this figure represents a significant increase from June's $75 million and May's $60 million. Galaxy Digital stated that the Coldcard vulnerability was the largest attack event of the month, confirming three rounds of attacks involving 7,300 wallets, with at least $100 million in Bitcoin stolen; the firm also identified a suspected fourth round of attacks, which could bring total losses to approximately $130 million. DefiLlama's hack tracker estimates losses related to this vulnerability at $115 million. Other attacks in July include a $9 million exploit on decentralized finance protocol Bonzo Lend, a $2.6 million theft from Cardano-based wallet SecondFi, a $24 million theft from Arbitrum-based perpetual trading platform AFX, and a $7.5 million theft from the Verus Ethereum Bridge.
2026 Q2 sees 83 crypto hacks, a new all-time high
according to DefiLlama data, Q2 2026 has become the most active quarter on record for crypto hacks, with 83 separate attack incidents, setting a new all-time high.Despite the increased frequency of attacks, the total losses for the quarter were approximately $755.3 million, still lower than the $3.56 billion lost in Q4 2020. Of this, the $293 million attack on KelpDAO and the $280 million attack on Drift Protocol accounted for more than three-quarters of the quarter's total losses. Cross-chain bridges were the largest source of losses, with related attacks leading to approximately $351 million being stolen. Earlier this month, Humanity Protocol lost $36 million, Aztec Connect experienced two attacks on passive smart contracts, each losing about $2.1 million, and decentralized exchange Raydium suffered a $1.3 million attack in June. (financefeeds)
Immunefi CEO claims AI models lead to surge in crypto security vulnerabilities
Odaily, Mitchell Amador, CEO of bug bounty platform Immunefi, stated at the WAIB Summit that new AI models such as Claude Opus 4.8 and ChatGPT 5.5 are shifting the balance of cybersecurity offense and defense in favor of attackers, leading to a resurgence in crypto hacks in 2026. Data from DefiLlama shows that in April 2026, illicit actors stole over $634 million from crypto platforms, the highest monthly total since the Bybit hack in February 2025 drove losses of approximately $1.4 billion.Amador stated that the crypto industry is in a critical survival period for the next three to four years until security teams leverage similar AI models to build codebases that attackers cannot breach; if the industry adopts more crowd-sourced security solutions, this timeline could be shortened to within two years. The latest Claude Mythos model, Fable 5, from AI company Anthropic, previously raised concerns about accelerating the ability to exploit crypto vulnerabilities.Anthropic stated that Fable 5 has safeguards in place that will redirect topics related to cybersecurity and similar fields to Claude Opus 4.8. On April 19, an attacker transferred approximately 116,500 restaked Ethereum (rsETH) from Kelp DAO's LayerZero-based rsETH bridge, valued at around $290 million to $293 million at the time. Cross-chain protocol LayerZero stated that the 1/1 decentralized verification network configuration of Kelp DAO relied on a single verification path for processing cross-chain messages, creating a single point of failure. (Cointelegraph)
Crypto Hacking Incidents Over the Past 10 Years Have Caused Over $17 Billion in Losses
According to Cointelegraph, DefiLlama data shows that there have been 518 hacking incidents in the crypto space over the past decade, resulting in cumulative losses exceeding $1.7 billion. A significant portion of these losses stemmed from private key leaks, phishing attacks, and other credential-based attacks. As smart contract security continues to improve, attackers are increasingly shifting their focus toward wallet security, signature infrastructure, development tools, and user operations. Recently, Kelp DAO’s rsETH cross-chain bridge was attacked, with approximately 116,500 rsETH tokens stolen—valued at roughly $290–293 million at the time of the incident.
DefiLlama Founder Analyzes Three Possible Resolution Paths for the Kelp DAO Incident and Corresponding Potential Bad Debt Sizes
According to a post by 0xngmi, founder of DefiLlama, following the hack of KelpDAO, Aave is facing severe pressure in handling bad debt. Currently, there are three potential solutions: First, socializing the loss across all users—this would result in an 18.5% impairment for users, generating approximately $216 million in bad debt. Aave’s Umbrella Insurance could cover $55 million, and the treasury could contribute an additional $85 million, leaving a shortfall of roughly $76 million. Second, executing a “rug pull” on rsETH holders on L2 chains—this would generate approximately $341 million in bad debt, with Arbitrum, Mantle, and Base markets suffering the heaviest losses. Third, returning assets to holders based on a pre-attack snapshot—but this approach is extremely operationally challenging, and even after Umbrella Insurance coverage, an estimated $91 million in losses would remain. Additionally, some suggest confiscating the hacker’s collateral to offset part of the bad debt. Meanwhile, Aave’s OG Security Module still holds approximately $300 million worth of AAVE tokens; applying a 20% reduction would provide an additional ~$60 million in loss coverage.
Ondo Perps Open Interest Breaks $100 Million, Ondo Stocks Holders Exceed 270,000
According to official announcements, Ondo Finance revealed a series of ecosystem milestones, covering data on Ondo Perps and Ondo Stocks, reflecting the continuous growth of its on-chain market. Notably, since its launch in July, open interest for Ondo Perps has steadily climbed, currently surpassing $100 million, with particularly strong performance in recent weeks; meanwhile, according to DefiLlama data, Ondo Perps has ranked among the top three global RWA perpetual contract trading platforms, demonstrating market demand for RWA derivatives. Furthermore, since its launch in September 2025, Ondo Stocks has surpassed 270,000 cumulative holders, with the growth in holder count primarily driven by new participants rather than increased position sizes by a small number of existing accounts.
RWA DeFi Deposits Surpass $3.98 Billion, 6x Growth in One Year
According to Cryptopolitan, data from the on-chain data platform DefiLlama shows that as of August 18, the active deposit size of Real World Assets (RWA) in DeFi protocols has reached $3.98 billion, representing an approximately 6-fold increase compared to $651 million a year ago; three years ago, this figure was only $12 million. The current total issuance of tokenized RWA is $34.55 billion, but the actual on-chain utilization rate is only about 11.5%. Of this, private credit accounts for over half of the active total with $2.13 billion, bonds contribute $799 million, and reinsurance contributes $406 million. In contrast, the utilization rate of tokenized treasury bonds is extremely low—BlackRock BUIDL issuance reaches $2.74 billion, but on-chain deployment is only $18 million, with a utilization rate of only 0.66%; Franklin Templeton BENJI utilization rate is zero. Analysis points out that such products are designed specifically for institutional cash management, where holders pursue treasury yields rather than lending capabilities; tokenization only improves settlement efficiency and does not convert them into collateral.
DefiLlama delays mobile app launch due to phishing impersonators on Apple's App Store
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
Andre Cronje: DeFi No Longer Exists, Only On-Chain Finance Remains
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)
Robinhood Chain's DEX Volume Exceeds $1 Billion in First Week, Surpasses Hyperliquid in 24-Hour DEX Rankings
According to Odaily, within a week of its launch, Robinhood Chain has processed over 17 million transactions, reached nearly 350,000 addresses, has a protocol TVL of approximately $250 million, and a DEX trading volume exceeding $1 billion. This Arbitrum-powered blockchain recorded a trading volume of $568 million on Wednesday and over $350 million on Thursday, with more than 5.2 million transactions in 24 hours and 213,000 active addresses.Data from DefiLlama shows that Robinhood Chain's 24-hour DEX trading volume is approximately $433 million, ranking fifth among all blockchains and surpassing Hyperliquid. Its TVL has risen to around $94 million within a week, with a stablecoin balance exceeding $260 million. The market cap of Cash Cat has surpassed $180 million, while Robinhood-themed tokens such as Dog In Hood, Hoodrat, and Robinhood Summer have seen gains of hundreds to thousands of percentage points. ARB has risen by 20%, as Robinhood Chain operates on the Arbitrum technology stack and returns 10% of its net protocol revenue to the Arbitrum ecosystem (Decrypt).
Bitget April Transparency Report: Ranked Second Globally in Stock Perpetual Futures Market Share
Bitget released its April 2026 transparency report, detailing the latest developments in its core businesses, including tokenized stocks, AI trading infrastructure, and IPO Prime. Data shows that in April, Bitget's average daily trading volume remained stable above $10 billion. According to DefiLlama statistics, its net inflow for the month reached $359.37 million, ranking second among centralized exchanges. Furthermore, Bitget secured the second position globally in stock perpetual futures market share for the first quarter.On the product ecosystem front, the adoption rate of AI trading tools such as GetAgent, GetClaw, Agent Hub, and Gracy AI continues to rise, empowering users with intelligent trading experiences through the UEX system. In terms of innovative products, Bitget launched IPO Prime, a subscription service for US stock IPOs, extending the product boundaries of UEX into the primary market. According to rwa.xyz data, its first-phase projects ranked third globally among tokenized private equity and VC assets.
Related news
Ondo Perps Open Interest Breaks $100 Million, Ondo Stocks Holders Exceed 270,000
According to official announcements, Ondo Finance revealed a series of ecosystem milestones, covering data on Ondo Perps and Ondo Stocks, reflecting the continuous growth of its on-chain market. Notably, since its launch in July, open interest for Ondo Perps has steadily climbed, currently surpassing $100 million, with particularly strong performance in recent weeks; meanwhile, according to DefiLlama data, Ondo Perps has ranked among the top three global RWA perpetual contract trading platforms, demonstrating market demand for RWA derivatives. Furthermore, since its launch in September 2025, Ondo Stocks has surpassed 270,000 cumulative holders, with the growth in holder count primarily driven by new participants rather than increased position sizes by a small number of existing accounts.
RWA DeFi Deposits Surpass $3.98 Billion, 6x Growth in One Year
According to Cryptopolitan, data from the on-chain data platform DefiLlama shows that as of August 18, the active deposit size of Real World Assets (RWA) in DeFi protocols has reached $3.98 billion, representing an approximately 6-fold increase compared to $651 million a year ago; three years ago, this figure was only $12 million. The current total issuance of tokenized RWA is $34.55 billion, but the actual on-chain utilization rate is only about 11.5%. Of this, private credit accounts for over half of the active total with $2.13 billion, bonds contribute $799 million, and reinsurance contributes $406 million. In contrast, the utilization rate of tokenized treasury bonds is extremely low—BlackRock BUIDL issuance reaches $2.74 billion, but on-chain deployment is only $18 million, with a utilization rate of only 0.66%; Franklin Templeton BENJI utilization rate is zero. Analysis points out that such products are designed specifically for institutional cash management, where holders pursue treasury yields rather than lending capabilities; tokenization only improves settlement efficiency and does not convert them into collateral.
Neynar Announces Search for New Owner for Farcaster; Protocol Revenue Plummets 99% Just Seven Months After Acquisition
According to The Defiant, Rish Mukherji, co-founder of Neynar, the current operator of decentralized social protocol Farcaster, announced on August 17 that the company has initiated a process to seek a new team to take over Farcaster, token launchpad Clanker, and its own developer platform, and Neynar staff will be laid off accordingly. This marks the second change of ownership for Farcaster within 2026. In January of this year, the original founding team Merkle Manufactory transferred the protocol contracts, codebase, Farcaster App, and Clanker entirely to Neynar, and original founders Dan Romero and Varun Srinivasan subsequently joined Tempo, a payment public chain incubated by Stripe and Paradigm. The sharp deterioration of Farcaster's economic data is the core reason for this sale. According to DefiLlama data, protocol fees fell from $35.43 million in Q1 2026 to $4.67 million in Q2, recorded only $376,700 in the third quarter as of August 17, and revenue in the past 30 days shrank further to $120,000. Meanwhile, CLANKER token buybacks supported by protocol revenue have completely stopped, with CLANKER currently trading at 12
DefiLlama delays mobile app launch due to phishing impersonators on Apple's App Store
Odaily News, DefiLlama founder 0xngmi, of the crypto data analytics platform, stated that the team spent months asking Apple to remove phishing apps impersonating DefiLlama from the App Store, which delayed the mobile app's launch until all such counterfeit apps had been removed. 0xngmi noted that after the team downloaded one of the malicious apps and documented a small crypto wallet being stolen, Apple removed it within days. In 2024, the App Store also saw counterfeit apps impersonating Rabby Wallet and Curve Finance; in November 2023, a fake Ledger Live app on the Microsoft Store siphoned off $588,000 across 38 transactions. (Cointelegraph)
Hyperliquid RWA Attracts Independent User Base, Over 80% of New RWA Users Have Not Transitioned to Crypto Asset Trading
DefiLlama Research data shows that approximately 169,000 wallets traded RWA on Hyperliquid for the first time in the first half of this year, accounting for 31.7% of new users. Among them, approximately 80.9% continued to trade RWA thereafter but did not enter the crypto asset trading market.
Andre Cronje: DeFi No Longer Exists, Only On-Chain Finance Remains
Odaily News: Andre Cronje, founder of DeFi platform Flying Tulip and creator of Fantom Network, stated that most DeFi protocols are no longer truly decentralized, with only a few niche areas still qualifying as DeFi. He believes DeFi has evolved into "on-chain finance" or "open finance." He pointed out that true DeFi should possess characteristics such as decentralization, immutability, and the absence of intermediaries, whereas the intermediaries in most current protocols have become corporations, taking on traditional financial institution roles such as decision-makers and risk committees. Cronje noted that this does not mean true DeFi has completely disappeared, as some protocols are still innovating. Data from DefiLlama shows that the total value locked (TVL) in DeFi has dropped from $167 billion in early October 2025 to $75 billion at the time of the original report over the past 10 months, a decline of more than half. In a working paper published in March, the European Central Bank (ECB) analyzed Aave, MakerDAO, Ampleforth, and Uniswap, finding that based on holding snapshots from November 2022 and May 2023, the top 100 addresses holding governance tokens in these protocols each controlled over 80% of the token supply. The ECB consequently questioned the level of decentralization of these DAOs and whether they should continue to be regarded as "fully decentralized" services exempt from the Markets in Crypto-Assets Regulation (MiCA). (Cointelegraph)