DeFi
Inside Scoop: Major Protocol De-risking Underway
Heads up - word is a major exploit was just patched in a top-tier lending protocol, but the dev team is keeping it quiet to avoid a bank run. I’m seeing huge chunks of TVL being pulled out by insiders
Heads up - word is a major exploit was just patched in a top-tier lending protocol, but the dev team is keeping it quiet to avoid a bank run. I’m seeing huge chunks of TVL being pulled out by insiders in the last twenty minutes. If you’ve got capital sitting in mid-cap yield farms, now might be the time to de-risk before the post-mortem drops. Don't wait for the official Twitter announcement; the smart money is already exiting.