Crypto projects lost $92 million in April, marking a 2.2x increase compared to March. Ethereum, BNB Chain, and Base were the most affected networks.
100% of the incidents affected DeFi, with no losses in CeFi. The largest attacks targeted UPCX, KiloEx, and Loopscale.
Cumulatively, DeFi crypto losses in 2025 have already surpassed the entire 2024 total, reaching $1.74 billion. All incidents in April were hacks, not fraud.
Despite blockchain security, external vulnerabilities contribute to direct attacks. The trend suggests a rise in attacks due to growing interest in blockchain amid geopolitical and economic uncertainty.