DeFi Hacks Down 80% but New Risks Emerge
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According to a new review of protocol losses from 2020 through 2025, decentralized finance has become significantly safer over the past six years. Industry-wide DeFi losses peaked at $2.62 billion in 2022 and fell roughly 80% to $534 million by 2024, demonstrating substantial improvements in security practices. However, the report warns that new risk vectors are emerging, with vulnerabilities that can simultaneously impact multiple chains. While the decline in total losses is a positive sign for the sector, the evolving threat landscape requires continued vigilance. The shift from single-chain exploits to cross-chain attack vectors represents a new frontier in DeFi security that could challenge the resilience of the ecosystem.
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