Hannie

Stoicism / On-chain nerd / Full-time researcher / Part-time degen

[Hannie @Defi_Hannie]

Stablecoins have reached an ATH with a total market cap of $255B 📈

And here are growth leaders in 7 days:

-GHO (@AAVE): +34.7%
-USDS (@Sky Dollar): +8.72%
-USDf (Falcon USD) +11.29%
-RLUSD (Ripple USD): +6.58%
-USDO (OpenEden): + 5.66%

What is your thought ? 👀

[Hannie @Defi_Hannie]

so by the time the victim gets recovery tokens, he gotta sell them as quickly as possible before they dump?
A token that only has sell demand cuz it's only for impacted users, that's insane!
Prove me wrong...

[Velocity @VelocityDEX]

Recovery Token: To streamline distribution of recovery assets as well as provide liquidity opportunities for impacted users, a new token will be issued to users impacted by the April 1 exploit. This new token is intended to be transferable. Additional details on token mechanics will be provided in the near term.

[Velocity @VelocityDEX]

Today, Drift is announcing a collaboration with @tether and other partners totaling up to nearly $150 million to support our commitment to a relaunch with USDT at the center, and a path to user recovery.

These funds encompass a $100M revenue-linked credit facility, an ecosystem grant, and loans to market makers, designed to fund a dedicated user recovery pool.

Learn more 👇

[Aave @aave]

Aave V4 crossed $30 million deposits.

[Hannie @Defi_Hannie]

@0x17b9 pinkhat

[Hannie @Defi_Hannie]

HACK SEASON!

Recently (from Q1 to mid-April 2026), hacks in crypto/DeFi have been quite frequent, and the $285M Drift Protocol hack on April 1st was a "bombshell" that sent DeFi community into a frenzy.
Looking at data and sentiment on X, my overall feeling is mixed, leaning towards "growing pain" rather than doom and gloom.

In reality, recent hack data for Q1/2026 shows approx $168-169M drained from 34-35 protocols (a significant decrease compared to $1.58B in the same period of 2025). Mainly private key compromises and smart contract bugs.

April: Drift alone "took" $285M (the biggest of the year, social engineering and governance takeover, suspected DPRK/Lazarus).

Total losses for 2026 to date have exceeded $450M.

Spillover effects: >20 other protocols affected (pause, loss of TVL, reimbursements). Solana DeFi TVL dropped sharply after Drift's case.

But looking more broadly: hacking still focuses more on human factors & governance than on pure code bugs (like Drift: 6 months to build trust, fake quant firms, VSCode exploits). The attack surface is expanding as protocols are becoming more complex with AI agents, RWA and upgradeable contracts.

[Cipher @CipherResearchx]

DeFi exploits in 2026 so far:

Step Finance → $27.3M
Truebit → $26.2M
Resolv → $25M+ (today)
SwapNet → $13.4M
YieldBlox → $10.97M
SagaEVM → $7M
Makina → $5M
IoTeX → $4.4M
Aperture Finance → $3.7M
Venus Protocol → $3.7M
CrossCurve → $2.8M
Solv Protocol → $2.7M
FOOMCASH → $2.3M
Moonwell → $1.8M
TMX → $1.4M

Total exploited since Jan 2026: ~$137M+

It's only March.

[Senator Cynthia Lummis @SenLummis]

The last administration drove away the digital asset industry. It’s time to welcome them home with clear rules of the road.

Pass the Clarity Act.

[Hannie @Defi_Hannie]

"DeFi is dead"

[Omer Goldberg @omeragoldberg]

1/ Drift's admin key was compromised.

$213M+ drained from @solana's largest DEX in under 10 seconds.

Unfortunately, we've seen similar patterns before:

- fake collateral market
- a manipulated oracle
- disabled circuit breakers

Let's break it down 👇

written w/ Chaos AI

[Aave @aave]

Aave V4 is now live on @ethereum.

[Karl Marx OnChain @KM_crypto1]

From liquidity competition to power war, the game has changed a lot..

But the winner was never on the battlefield.
@CurveFinance @ConvexFinance

[Claude @claudeai]

You can now enable Claude to use your computer to complete tasks.

It opens your apps, navigates your browser, fills in spreadsheets—anything you'd do sitting at your desk.

Research preview in Claude Cowork and Claude Code, macOS only.

[Ryan Watkins @RyanWatkins_]

Hyperliquid's third party ecosystem is now generating ~$100M in run-rate annual revenue.

This is a significant milestone for Hyperliquid and speaks to the compounding impact of all the talent and capital pouring into its builder codes and HIP-3 ecosystem.

[Hannie @Defi_Hannie]

today is a sad day

[Lefteris Karapetsas @LefterisJP]

Seems that @Balancer Labs is shutting down 😕

Protocol is gonna stick around with some tough changes and a much smaller team.

[Whale Insider @WhaleInsider]

JUST IN: Brokers are expanding access to Kalshi for hedge funds and institutions, bringing event markets closer to mainstream financial adoption.

[vitalik.eth @VitalikButerin]

"Friendship ended with drawio, vibecoded SVG is my new friend"

[Hannie @Defi_Hannie]

🫡

[Stani @StaniKulechov]

https://t.co/T3Azp5lmFf

[Hannie @Defi_Hannie]

Really wanna hear some thoughts from my trust list
@0xCheeezzyyyy
@StaniKulechov
@defi_mochi
@shaundadevens
@HHorsley
@Xeer
@tarunchitra
@cainosullivan
@shafu0x
@jarrodwatts
@VitalikButerin
@newmichwill
@aniketpkate
@ETH_Daily

[Hannie @Defi_Hannie]

RWA total asset value is trending upward faster as ever. This clearly shows that TradFi is pouring money into DeFi.

If privacy chains with real selective disclosure features can prove their potentials, trillions inflow from institutions can be bridged into DeFi.

But in fact, I think privacy protocols still have a long way to go to make it happen, because so far it's hard to find a privacy project that truly demonstrated its balance between security and regulatory compliance.

Any privacy projects that you guys are truly bullish?

[Frigg 🌸 @0xfrigg]

Vitalik’s recent posts and articles kinda make it feel like 2026 is gonna be about privacy and “Ethereum repairing its identity”.

Ethereum spent years sprinting for adoption, and imo we ended up giving away too much on some core values.

For privacy projects, the real play is to plug the narrative straight into Ethereum’s main roadmap.

@0xMiden fits here because it puts privacy in the infrastructure layer.

And Miden’s practical privacy framing, instead of the romantic absolute privacy thing, is the key part for me.

It also maps cleanly to what Vitalik’s been saying for years: privacy is necessary… but it has to work with the real world too.

[Hannie @Defi_Hannie]

@MiradorNews damn gud write-up
i can feel the perfectionism in the author behind, from the content to the thumbnail
Everything's flawless!
I'm looking forward to a higher-level analysis which catches rookies' eyes from the start