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Dragonfly Partner: DeFi Has Not Reached a "Hacking Apocalypse"; Annualized Stolen Funds in 2026 Are Estimated at Approximately $1.89 Billion
Svmuu News: Haseeb posted on X, stating that with models such as GLM 5.2, Fable, and GPT 5.6 now live and being actively exploited by attackers, the “hacking apocalypse” predicted for DeFi has not materialized. Chart data shows that, based on current year-to-date figures and the current rate of growth, the annualized amount stolen from DeFi in 2026 is projected to be approximately $1.89 billion, with a year-to-date total of about $986 million—lower than 2025 levels and still within the historical range. Haseeb noted that the deeper shift currently underway is that while the number of hacking attacks has increased, the scale of individual attacks is declining more rapidly. Attackers are increasingly targeting smaller protocols and abandoned projects, while larger protocols have implemented more security hardening measures; consequently, the overall security of funds has not significantly deteriorated.
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