6Perp DEXNewJun 16, 2026
DeFi Exploit Wave Erases $13B in TVL; On-Chain Leverage Reaches 2021 Levels
Binance Research reported that a wave of DeFi exploits erased $13 billion in total value locked across the sector. Separate Binance Research data showed on-chain leverage in DeFi climbed to approximately 38%, matching levels last seen in 2021. The Thetanuts Finance deprecated vault was exploited for $2.1 million, with approximately $2 million subsequently recovered by white-hat hackers.
Sources · 5
- Binance Research: On-chain leverage in DeFi climbed to approximately 38%, on par with 2021 levels.panewslab.com · T2
- Deprecated Thetanuts Vault Exploited for $2.1 Million in Latest DeFi Attackbeincrypto.com · T2
- Thetanuts Finance suffered a $2.1 million loss in an attack, with approximately $2 million apparently recovered by white-hat hackers.panewslab.com · T2
- Thetanuts Finance Exploit Drains $2.1M as Whitehat Recovery Secures Most Option Tokensblockonomi.com · T2
- DeFi exploit wave erased $13B in TVL, Binance Research sayscrypto.news · T2