Solana Sees Largest DeFi Outflows After Bug Patch Raises Centralization Concerns

By: defi news|2025/05/06 23:00:04
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Market participants rushed to protect themselves and take money off of Solana after news broke on Saturday that developers had patched a previously unknown bug on the blockchain.Solana experienced a flurry of outflows over the weekend and into Monday after the ecosystem’s Foundation published its post mortem on the bug patch, with a net negative flow of $11 million between May 4-5.For comparison, Ethereum experienced a net positive flow of $1.6 million over the same period, and Bitcoin netted $1.9 million. The second-largest net negative flow after Solana was Berachain, which experienced a $8.4 million outflow.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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