According to @LexSokolin, crypto lost $2.2 billion to hackers last year, and each exploit exposed weaknesses that accelerated security upgrades across the stack (source: @LexSokolin on X, Sep 18, 2025). He states these lessons now guard $4 trillion of value on-chain, signaling stronger smart-contract, custody, and protocol resilience that can support larger capital deployment (source: @LexSokolin on X, Sep 18, 2025). For trading, this thesis implies a narrowing security risk premium for on-chain markets and potential relative support for mature DeFi primitives and infrastructure with demonstrated hardening (implication based on @LexSokolin on X, Sep 18, 2025). Positioning can reflect improved confidence in on-chain market structure while still accounting for tail-risk from future exploits through sizing, hedging, and audit-quality screens (risk framework derived from @LexSokolin on X, Sep 18, 2025).