DL News reported, citing DefiLlama data, that investor sentiment in the decentralized finance (DeFi) market is rapidly shrinking due to ongoing North Korean-linked hacker attacks this year. According to the data, approximately $600 million worth of cryptocurrency was stolen on-chain from January to April this year, with about $294 million of that occurring in the Kelp DAO hack. Following the hacking incidents, the total value locked (TVL) in major DeFi protocols has decreased by over $15 billion. Aave alone saw an outflow of $10 billion (approximately 22%), and MORPHO and SKY also experienced fund outflows of $1.7 billion and $600 million, respectively.
