Jul 13
DeFi lost $935.3M in H1 2026. Here's where it actually went.
GM folks π Our H1 2026 DeFi Security Report, Quill Ledger, is live. The headline number: $935.3M lost across 87 incidents in six months, one significant hack every 2 days. But the more interesting finding is where that money went. Private key compromise and bridge verification bypass together caused 82.7% of all losses. Not smart contract bugs, trust failures. The two biggest hacks of the half, Drift Trade ($295M) and Kelp DAO ($293M), landed just 17 days apart in April. Neither required a...
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