DeFi TVL drops to $148B as AI agents drive $1.1B exploit year

DeFi's total value locked has dropped from roughly $172 billion in mid-April to $148 billion, marking five consecutive weeks of outflows as the sector absorbs a $1.1 billion-plus exploit year capped by a $635 million April alone across 28 reported hacks. The fresh pressure point is AI: on May 27…