DeFi loses millions to exploits driven by common smart contract vulnerabilities leading to DeFi hacks and history of major DeFi exploits and root causes.

Kelp DAO exploiter faces $123M debt liquidation on Aave's Ethereum and Arbitrum positions, sparking crypto market volatility concerns.

Crypto hacks hit $647M across 40 incidents in April 2026, up 1,140% from March, with DriftProtocol and KelpDAO exploits in top 10 since 2021.

Curve Finance founder Michael Egorov discusses DeFi exploits in 2026 interview, amid rising alarms, with CRV at $0.23 facing neutral RSI and bearish MACD signals.

According to PeckShieldAlert, February 2026 witnessed a significant reduction in crypto-related hacks, with total losses amounting to $26.5 million. This represents a 98.2% year-over-year (YoY) decrease compared to February 2025, which included a major $1.4 billion Bybit breach. Additionally, the month saw a 69.2% decrease in losses compared to January 2026. The top five hacks were YieldBlox.finance ($10M), IoTeX.io Bridge ($8.8M), CrossCurveFi ($3M), FOOMCASH ($2.26M), and Moonwell ($1.8M). This trend suggests improvements in security measures across the crypto space.

According to PeckShieldAlert, crypto hacks excluding scams in 2025 surpassed 200 incidents with total losses above $2.67B, a 24% rise from $2.15B in 2024 (source: PeckShieldAlert). PeckShieldAlert reports February 2025 saw a record $1.51B stolen across 20 incidents, primarily driven by the Bybit-related incident (source: PeckShieldAlert).

According to the source, crypto firms faced a record $2.72 billion in theft in 2025 as attackers expanded across major exchanges and DeFi platforms. According to the source, the breadth of incidents highlights security risk exposure at both centralized exchanges and DeFi protocols that traders must factor into risk management. According to the source, the scale and reach of these thefts warrant heightened due diligence on venue security, custody practices, and smart contract risk when sizing positions and selecting execution venues.