Top crypto DeFi news this week 🗞️
🔹 Tokenized gold shines as crypto investors search for safety. While DeFi TVL fell from $177B to $118B and BTC dropped 24% this month, tokenized commodities grew to $3.63B market cap with 167,400 holders.
🔹 Yearn's yETH vault hit by complex $9M exploit. Attacker minted "infinite yETH," drained ~$9M from Curve pools, routed 1,000 ETH through Tornado Cash before team recovered $2.4M in pxETH.
🔹 DeFi TVL drop masks steady growth under the hood. Despite 30.9% TVL fall from $178B to $123B since October, DEX volumes hit $360B in November and Aave TVL at $32B nearly doubled from last year.