JPMorgan (JPM) says persistent security flaws curb DeFi’s institutional appeal

JPMorgan (JPM) says persistent security flaws curb DeFi’s institutional appeal

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing fragility in DeFi.

JPMorgan: Security flaws hinder DeFi institutional growth - The Blockopedia

Wall Street investment bank JPMorgan has released a report suggesting that ongoing security vulnerabilities and stagnant total value locked (TVL) continue to limit decentralized finance’s appeal to institutional investors. TVL, which measures the total crypto assets deposited in DeFi protocols, is often seen as a key indicator of the ecosystem’s size and health. But recent […] The post JPMorgan: Security flaws hinder DeFi institutional growth ap…

JPMorgan: DeFi hacks and flat TVL sour institutional appetite

JPMorgan says repeated DeFi hacks, a $20B TVL drop after Kelp’s rsETH exploit, and flat ETH‑denominated TVL are souring institutional appetite for onchain lending and yield. JPMorgan analysts told The Block that “frequent security incidents in DeFi and the stagnation…

JPMorgan Says DeFi Exploits Still Block Institutional Adoption

JPMorgan said persistent DeFi exploits and weak ETH-denominated TVL growth continue to limit institutional appeal.  The bank said the KelpDAO exploit wiped about $20 billion from DeFi TVL within days. A BIS paper published the same day said large crypto service providers increasingly resemble financial intermediaries.  JPMorgan said repeated DeFi exploits and stagnant growth continue to curb institutional interest in the sector, with the latest …