Elastos Value Locked Drops to $1 Million After FilDA Security Breach

The total value locked (TVL) on the Elastos Smart Chain (ESC) has fallen to $1 million following the multichain exploit on FilDA on April 23. TVL on the FilDA platform has dropped 95.2% in the last seven days, with decentralized exchanges Glide Finance and Elk’s locked value falling 13.8% and 14.