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Crypto Projects Lost $92M in April: 2.2x Increase Compared to March

  • 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.

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