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The Block
The Block|Apr 20, 2026 19:57
DeFi losses top $600 million in weeks as Kelp DAO exploit drags TVL to one-year low (The Block)
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Timeline

May 19, 23:31Verus and Ethereum cross-chain bridge attacked, resulting in losses exceeding $11 million
May 19, 19:52Bullish traders suffered losses as Bitcoin failed to break through $77,000.
May 19, 01:56The TVL of the ETH lending protocol has dropped to $23 billion.
May 18, 23:01Cryptocurrency liquidations reached $854.9M
May 18, 13:08Verus vulnerability pushes total losses in 2026 to $329 million
May 18, 10:42The TVL in the Ethereum lending sector has dropped to $23 billion.
May 18, 04:58Bitcoin and Ethereum lead the market in a massive liquidation wave
May 18, 04:37Verus-Ethereum Bridge attacked, resulting in a loss of $11.5 million
May 16, 18:37DeFi vulnerabilities lead to losses of $7.7 billion
May 16, 14:49All narratives of 2026 have collapsed.

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