• bitcoinBitcoin (BTC) $ 108,715.00
  • ethereumEthereum (ETH) $ 4,473.33
  • xrpXRP (XRP) $ 2.84
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 860.30
  • solanaSolana (SOL) $ 205.06
  • usd-coinUSDC (USDC) $ 0.999801
  • staked-etherLido Staked Ether (STETH) $ 4,464.16
  • dogecoinDogecoin (DOGE) $ 0.218416
  • tronTRON (TRX) $ 0.342338
  • cardanoCardano (ADA) $ 0.828969
  • wrapped-stethWrapped stETH (WSTETH) $ 5,413.30
  • chainlinkChainlink (LINK) $ 23.81
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,821.46
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,889.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 4,797.03
  • hyperliquidHyperliquid (HYPE) $ 44.64
  • suiSui (SUI) $ 3.33
  • stellarStellar (XLM) $ 0.360770
  • bitcoin-cashBitcoin Cash (BCH) $ 550.27
  • avalanche-2Avalanche (AVAX) $ 24.11
  • crypto-com-chainCronos (CRO) $ 0.291840
  • wethWETH (WETH) $ 4,477.21
  • hedera-hashgraphHedera (HBAR) $ 0.226697
  • leo-tokenLEO Token (LEO) $ 9.58
  • litecoinLitecoin (LTC) $ 111.77
  • the-open-networkToncoin (TON) $ 3.14
  • usdsUSDS (USDS) $ 0.999641
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999824
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,786.00
  • whitebitWhiteBIT Coin (WBT) $ 42.53
  • uniswapUniswap (UNI) $ 9.87
  • polkadotPolkadot (DOT) $ 3.84
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.56
  • aaveAave (AAVE) $ 321.94
  • moneroMonero (XMR) $ 262.88
  • daiDai (DAI) $ 0.999805
  • ethenaEthena (ENA) $ 0.677068
  • pepePepe (PEPE) $ 0.000010
  • mantleMantle (MNT) $ 1.19
  • okbOKB (OKB) $ 175.88
  • ethereum-classicEthereum Classic (ETC) $ 21.16
  • bittensorBittensor (TAO) $ 328.76
  • nearNEAR Protocol (NEAR) $ 2.45
  • jito-staked-solJito Staked SOL (JITOSOL) $ 251.77
  • pi-networkPi Network (PI) $ 0.381095
  • aptosAptos (APT) $ 4.35
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.277503
  • ondo-financeOndo (ONDO) $ 0.919464
  • usdt0USDT0 (USDT0) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.514969
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,477.37
  • internet-computerInternet Computer (ICP) $ 4.87
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 219.59
  • story-2Story (IP) $ 7.76
  • kaspaKaspa (KAS) $ 0.085869
  • cosmosCosmos Hub (ATOM) $ 4.58
  • vechainVeChain (VET) $ 0.024793
  • algorandAlgorand (ALGO) $ 0.238222
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,094.06
  • gatechain-tokenGate (GT) $ 16.86
  • susdssUSDS (SUSDS) $ 1.07
  • fasttokenFasttoken (FTN) $ 4.52
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.43
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,696.76
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029883
  • render-tokenRender (RENDER) $ 3.53
  • kucoin-sharesKuCoin (KCS) $ 14.34
  • worldcoin-wldWorldcoin (WLD) $ 0.906910
  • bonkBonk (BONK) $ 0.000023
  • sei-networkSei (SEI) $ 0.291296
  • official-trumpOfficial Trump (TRUMP) $ 8.69
  • bfusdBFUSD (BFUSD) $ 0.999214
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,710.29
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.630683
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 44.80
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,833.08
  • filecoinFilecoin (FIL) $ 2.31
  • jupiter-exchange-solanaJupiter (JUP) $ 0.504664
  • flare-networksFlare (FLR) $ 0.021326
  • quant-networkQuant (QNT) $ 105.63
  • skySky (SKY) $ 0.065273
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,834.00
  • usdtbUSDtb (USDTB) $ 0.999787
  • fourFour (FORM) $ 3.74
  • xdce-crowd-saleXDC Network (XDC) $ 0.080297
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999908
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,729.72
  • falcon-financeFalcon USD (USDF) $ 0.999892
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,782.94
  • tether-goldTether Gold (XAUT) $ 3,457.62
  • hash-2Provenance Blockchain (HASH) $ 0.026750
  • injective-protocolInjective (INJ) $ 12.96
  • celestiaCelestia (TIA) $ 1.65
  • optimismOptimism (OP) $ 0.706265
  • nexoNEXO (NEXO) $ 1.23
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 232.78
  • pump-funPump.fun (PUMP) $ 0.003359
  • wbnbWrapped BNB (WBNB) $ 860.48
  • paypal-usdPayPal USD (PYUSD) $ 0.999679
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997805
  • blockstackStacks (STX) $ 0.636274
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,686.00
  • lido-daoLido DAO (LDO) $ 1.24
  • curve-dao-tokenCurve DAO (CRV) $ 0.784772
  • pyth-networkPyth Network (PYTH) $ 0.186948
  • aerodrome-financeAerodrome Finance (AERO) $ 1.18
  • memecoreMemeCore (M) $ 0.629348
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • spx6900SPX6900 (SPX) $ 1.13
  • sonic-3Sonic (S) $ 0.319077
  • immutable-xImmutable (IMX) $ 0.526086
  • conflux-tokenConflux (CFX) $ 0.195313
  • super-oethSuper OETH (SUPEROETH) $ 4,476.16
  • pax-goldPAX Gold (PAXG) $ 3,462.36
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • the-graphThe Graph (GRT) $ 0.090885
  • msolMarinade Staked SOL (MSOL) $ 270.89
  • raydiumRaydium (RAY) $ 3.47
  • flokiFLOKI (FLOKI) $ 0.000096
  • saros-financeSaros (SAROS) $ 0.350209
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 109,081.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,454.58
  • kaiaKaia (KAIA) $ 0.150334
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,318.36
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.51
  • clbtcclBTC (CLBTC) $ 109,754.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,477.22
  • pendlePendle (PENDLE) $ 4.84
  • dogwifcoindogwifhat (WIF) $ 0.815041
  • theta-tokenTheta Network (THETA) $ 0.803852
  • fartcoinFartcoin (FARTCOIN) $ 0.792824
  • vaultaVaulta (A) $ 0.496838
  • iotaIOTA (IOTA) $ 0.194790
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.44
  • tezosTezos (XTZ) $ 0.734633
  • galaGALA (GALA) $ 0.016637
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.15
  • ousgOUSG (OUSG) $ 112.39
  • jito-governance-tokenJito (JTO) $ 1.95
  • jasmycoinJasmyCoin (JASMY) $ 0.014856
  • ripple-usdRipple USD (RLUSD) $ 0.999806
  • the-sandboxThe Sandbox (SAND) $ 0.284624
  • flowFlow (FLOW) $ 0.432068
  • loaded-lionsLoaded Lions (LION) $ 0.022460
  • newton-projectAB (AB) $ 0.009151
  • build-onBUILDon (B) $ 0.682677
  • stader-ethxStader ETHx (ETHX) $ 4,771.41
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.997821
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,782.04
  • morphoMorpho (MORPHO) $ 2.01
  • zcashZcash (ZEC) $ 40.41
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,476.85
  • bittorrentBitTorrent (BTT) $ 0.00000066
  • tbtctBTC (TBTC) $ 108,643.00
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,915.08
  • swethSwell Ethereum (SWETH) $ 4,843.64
  • usual-usdUsual USD (USD0) $ 0.997518
  • decentralandDecentraland (MANA) $ 0.295751
  • beldexBeldex (BDX) $ 0.077323
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.218589
  • walrus-2Walrus (WAL) $ 0.394197
  • global-dollarGlobal Dollar (USDG) $ 0.999557
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,808.00
  • vision-3Vision (VSN) $ 0.166470
  • bitcoin-svBitcoin SV (BSV) $ 26.18
  • syrupMaple Finance (SYRUP) $ 0.463331
  • ether-fiEther.fi (ETHFI) $ 1.10
  • frax-etherFrax Ether (FRXETH) $ 4,432.95
  • starknetStarknet (STRK) $ 0.129464
  • true-usdTrueUSD (TUSD) $ 0.996539
  • heliumHelium (HNT) $ 2.61
  • neoNEO (NEO) $ 6.86
  • based-brettBrett (BRETT) $ 0.048800
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,476.65
  • dydx-chaindYdX (DYDX) $ 0.615595
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,769.00
  • apecoinApeCoin (APE) $ 0.581720
  • coredaoorgCore (CORE) $ 0.447397
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007573
  • apenftAPENFT (NFT) $ 0.00000045
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 226.15
  • usddUSDD (USDD) $ 0.999674
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.996067
  • telcoinTelcoin (TEL) $ 0.004769
  • axie-infinityAxie Infinity (AXS) $ 2.63
  • sun-tokenSun Token (SUN) $ 0.022875
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999717
  • zksyncZKsync (ZK) $ 0.060345
  • savings-daiSavings Dai (SDAI) $ 1.16
  • arweaveArweave (AR) $ 6.58
  • dexeDeXe (DEXE) $ 7.54
  • thorchainTHORChain (RUNE) $ 1.22
  • instadappFluid (FLUID) $ 6.30

DeFi Exploit Losses Decline Sharply in 2024: Report

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DeFi Exploit Losses Decline Sharply in 2024: Report

Losses from exploits in decentralized finance (DeFi) have decreased in 2024, with reported losses hovering just around $1 billion. This is a marked improvement over previous years, when the industry faced numerous breaches.

With only $1 billion lost to exploits this year, 2024 is on track to see a significant decline in DeFi-related losses compared to previous years. pic.twitter.com/73SZHspcoF

— IntoTheBlock (@intotheblock) October 25, 2024

Data on “Value Lost to Exploits (Excluding Terra)” from July 2020 to October 2024 shows changes in crypto asset losses, with theft activities increasing through 2021 and 2022. The reduced exploit-related losses in 2024 suggest that security improvements in DeFi protocols are working, with recent losses falling below $250 million.

Source: IntoTheBlock

Analysis of DeFi Exploit Losses Over Time

Since July 2020, the crypto market has suffered losses from DeFi exploits. The biggest spike occurred in April 2021, with losses over $2.5 billion, due to weaknesses in mechanism design.

Read also : Pendle Saves $105 Million in DeFi Exploit, Halts Penpie Hack

From January 2022 to October 2022, there were additional surges, particularly in January, April, and October, with losses ranging between $500 million and $1 billion. By October 2024, reported losses were below $250 million, likely because of improved risk management and security infrastructure within DeFi.

Source: IntoTheBlock

The Terra/Luna Crisis: A Unique Case

Unlike other exploit-related losses, the Terra/Luna crisis caused a massive loss of over $50 billion. This incident involved the collapse of the TerraUSD (UST) stablecoin and its associated token LUNA due to flaws in its mechanism design.

Read also : Institutional Investors Flock to Ethereum, Betting on DeFi and Long-Term Growth

Although believed to have resulted from an economic attack, the UST’s de-peg was largely due to insufficient design practices. The event had a major impact on DeFi, affecting over 25% of its total value locked (TVL) and reducing trust in algorithmic stablecoins. In April 2021, over $2.5 billion in loss was driven by mechanism design issues, with additional difficulties in price control and private key management.

Price manipulation, governance attacks, and smart contract bugs have been persistent exploit vectors, with smart contract vulnerabilities causing significant losses from mid-2023 onward. While rug-pulls occurred in some periods, they were less frequent than other exploit types.

Source

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