Lenders in DeFi borrowing markets on Ethereum Virtual Machine (EVM) chains and Solana experienced realized hack losses of 3 basis points of Total Value Locked (TVL) over the past 12 months, equating to $3 for every $10,000 deposited, according to BeInCrypto. Keyring Network founder Alex McFarlane derived this figure from DefiLlama records, excluding bridge incidents. The research highlights that non-bridge lending exploits amounted to $30.9 million against $99.6 billion in average TVL, with recoveries reducing net losses to 3 basis points. This suggests a relatively low risk compared to other sectors.
