
While ETH's price is 5% higher than it was at the start of the year, the amount of ETH locked in DeFi is down by almost 10%.
The setback is likely a consequence of back-to-back exploits in which DeFi protocols lost millions in user funds.
However, the tide is turning and confidence in DeFi is renewing, with more than 250,000 ($34M) ETH locked just today.