A New Market Contagion Is About To Tear Through Crypto

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Ran unpacks what he calls a “Market Contagion” moment, as headlines point to a growing crisis across DeFi. He highlights a $290M hack triggering a broader contagion shock, with repeated exploits showing how fragile and interconnected the system has become. With over $600M reportedly stolen in recent weeks, confidence is clearly taking a hit as capital exits the space. Ran stresses that this isn’t isolated, it's a pattern of stress spreading across protocols. The focus now shifts to risk management as the market works through this wave of instability.



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