Curve Finance [CRV] has officially fallen out of the top ten decentralized finance (DeFi) protocols by total value locked (TVL), according to data from DeFiLlama. This decline comes after a period of a steady decrease in activity on the protocol, which began following a re-entrancy hack that occurred on 30 July. The hack resulted in the loss of millions of dollars worth of user funds and significantly impacted user confidence in the platform. With a TVL of $1.96 billion at press time, Curve ranked as the 12th DeFi protocol in terms of TVL.