In a striking turnaround, 2023 has marked a historic low in DeFi losses due to exploits, falling to just over $1 billion. This dramatic reduction from 2022's $53.5 billion signifies a robust improvement in DeFi security. Notable incidents included SushiSwap, Bonq, and SafeMoon exploits, with swift responses stabilizing impacts. DeFi's TVL also reflects a recovering market, hinting at an increasingly secure future.
