
DeFi Security Incidents
Digging deep into many major security incidents in DeFi, revealing the underlying concerns such as vulnerability exploits, flash loan attacks, and contract defects. When traveling on the chain, safety comes first.
34 articles
Is the old DeFi path no longer viable? Behind the billions of dollars in withdrawal: People crave security.
Frequent hacker attacks have led to billions of dollars being withdrawn from native DeFi and instead flowing into safer tokenized government bonds, compliant stablecoins, and institutional-grade settlement products.An open-source AI tool that nobody paid attention to alerted about a $292 million vulnerability in Kelp DAO 12 days ago.
Kelp DAO suffered a $292 million theft due to a vulnerability in the LayerZero cross-chain bridge's 1-of-1 validator configuration, becoming the largest DeFi incident so far in 2026. This article provides an in-depth analysis of the entire attack and reflects on three key lessons learned from why an open-source AI auditing tool, despite providing a 12-day advance warning, failed to prevent the tragedy.$285 million evaporates! Drift's April Fool's Day nightmare, defeated by the most basic private key security.
Drift Protocol, the largest perpetual contract exchange on the Solana blockchain, suffered a key breach attack that could result in losses exceeding $280 million, making it the largest DeFi security incident so far in 2026. This incident once again exposed the core pain point of systemic risk in DeFi: private key security.In-depth research report on the Resolv protocol hacking incident: Who will ultimately pay the price?
The Resolv protocol was attacked, with attackers exploiting a USR minting vulnerability to create 80 million stablecoins out of thin air and cash out, revealing the fundamental contradiction between capital efficiency and security in Delta-neutral stablecoins. DeFi protocols such as Curve and Morpho were also impacted.Truebit Protocol security incident analysis and traceability of stolen funds, resulting in losses exceeding $26 million.
Five years ago, Truebit Protocol suffered a loss of $26.4 million in ETH due to an attack on its closed-source contract. The attackers exploited an arithmetic logic vulnerability to mint tokens and withdraw funds; the stolen ETH has been traced to a high-risk address.







