Is DeFi security actually improving despite the $10B hack headline?

The “$10B total hacks in DeFi” headline sounds extremely bearish at first glance

But looking deeper, the response mechanisms seem very different from a few years ago

For example:

• Volo Protocol (Sui) exploit (~$3.5M) → team froze part of the funds, protected $28M TVL, and covered user losses themselves

• Arbitrum Security Council reportedly recovered ~$70M linked to the Kelp DAO situation and moved it to a recovery wallet

Two years ago, most exploits ended with funds gone and users left waiting

Now we’re seeing actual recovery, intervention, and accountability at the protocol level

At the same time, large players are still accumulating ETH aggressively, which suggests the market might be pricing risk differently than retail sentiment

So I’m starting to wonder:

Are we still in a “high-risk DeFi” phase…

Or is this slowly becoming a more resilient system than people think?

Curious how you guys see this