May 18, 2026·Bearish·critical issue

Ethereum Lending TVL Dips to $23 Billion Amid KelpDAO Exploit

Ethereum's lending sector Total Value Locked (TVL) has significantly dropped to $23 billion, now accounting for 51% of the total market. This represents a decline from $32 billion, which previously held 60% of the total TVL earlier this year. The substantial decrease is primarily attributed to the recent KelpDAO exploit and broader market shifts.

Detected & updated continuously · Source: Ruma

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Ethereum (eth)

Kelp DAO Restaked ETH (rseth)

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@CryptoNews_eth

Lending Sector: Ethereum's lending sector currently holds $23 billion in TVL (51% of the total), down from $32 billion (60%) earlier this year. This decline follows the KelpDAO exploit and a broader shift in overall market conditions https://t.co/z0RhdNsTur