CRYPTO HACKS AVERAGE $25 MILLION AS LARGEST EXPLOITS SKEW LOSSES

Summary from the TLDR Crypto newsletter

Immunefi data shows the average crypto hack nets around $25 million, but the industry's headline loss figures are heavily skewed by a handful of massive exploits. Nearly 70% of 2025's approximately $17 billion in total losses came from just three incidents, with one breach alone exceeding $1.4 billion. Over 90% of projects still harbor critical, exploitable vulnerabilities despite Immunefi's 45,000-researcher bug bounty community having saved an estimated $25 billion in user funds across protocols including Polygon, Optimism, Chainlink, and Synthetix.