📊 #DeFi TVL dropped $14B in 48 hours after the KelpDAO hack. Aave alone lost $10B in deposits. The question nobody is asking: cyclical fear, or structural repricing? #Network Stress Index is at the highest reading since FTX. If cyclical, we're near the pain bottom. If structural, #DeFi just entered a new regime. 3 signals that tell us within 7 days:
• Stablecoin inflows into DEXes
• Aave borrow rates normalizing
• TVL/marketcap ratio recovery
Real-time #Network Stress → #hack