![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.redd.it%2Feolawz3infp41.jpg%3Fwidth%3D1280%26format%3Dpjpg%26auto%3Dwebp%26s%3D21a9153f84a9fee990b98204c6cd7cba32402572&t=663&c=LbKkHt5QSHSJ_g)
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.