bearishsevereCrypto SlateUpdated 2 hours ago

Market Pulse

Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe

The total value locked (TVL) on DeFi fell from $172 billion to $148 billion as the sector logged $635 million in exploit losses across April alone

OttoTrader publishedJun 10, 2026, 1:38 PM

Original source timeJun 10, 2026, 1:15 PM

UpdatedJun 10, 2026, 1:38 PM

Source publicationCrypto Slate

Open source article Back to Market Pulse

Brief context

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What changed

The setup

The total value locked (TVL) on DeFi fell from $172 billion to $148 billion as the sector logged $635 million in exploit losses across April alone Coinbase Ventures bought Ethena's ENA token on the open market, Janus Henderson took its own strategic ENA position, and Morpho closed a $175 million round structured entirely around the […] The post Wall Street is buying DeFi tokens. Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe

Why it matters

Trader relevance

Exchange operations around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is the total value locked (TVL) on DeFi fell from $172 billion to $148 billion as the sector logged $635 million in exploit losses across April alone

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Use this as defensive context from cryptoslate.com. Watch whether coinbase Ventures bought Ethena's ENA token on the open market, Janus Henderson took its own strategic ENA position, and Morpho closed a $175 million round structured entirely around the […] The post Wall Street is buying DeFi tokens. confirms momentum, invalidates active bias, or changes timing.

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Exchange Activity RegulationSecurity

Source: Crypto Slate on cryptoslate.com.

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Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe

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Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe

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