Tuesday, June 9, 2026
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Market Brief: DeFi Is Cooked? The Market Is Asking The Wrong Question


DeFi -Decentralized Finance on dark blue abstract polygonal background. Concept of blockchain, decentralized financial system.

putilich/iStock via Getty Images

DeFi came under fresh pressure after the KelpDAO exploit triggered a sharp shock across Aave (AAVE-USD) and revived fears around contagion, bad debt, and operational risk. Yet the fallout was not one-dimensional. Capital fled the most exposed pools, but



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