npm supply chain attack compromised 387 packages with 1b+ downloads. market treating it like a $100m hack.
it's not. every javascript-heavy protocol just became uninvestable. rust-based chains seeing immediate tvl migration. solana, sui, aptos have zero npm exposure.
the market hasn't figured out yet that protocols proving they're npm-free command permanent 2-3x premiums. insurance protocols trading below book value with capacity exhausted. audit tokens at fraction of incoming demand. position for the infrastructure reset, not the hack.
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