DeFi hacks shake institutional confidence as risks outpace yields

Repeated bridge exploits and shrinking yields are making institutions question whether DeFi’s risks still justify the returns, says Symbiotic’s Putiatin.

Source: cointelegraph.com

Expert opinions (1)

• Anton Erpulev, CEO & Co-Founder at PowerSun Market: $1.2 billion lost to DeFi bridge hacks in 2024 alone, and yields on major protocols have dropped from double-digit APYs to barely 3-4%. The math stopped working months ago. I've watched this play out with every institutional client exploring DeFi integration. The conversation always hits the same…