
The number of DeFi hacks reached ATHs in April, but their impact is still relatively low and stable. While it’s possible the rise in count is due to AI, what’s more likely is that it’s a function of more contracts being deployed over time. Although 2% - 4% of total value locked hacked per year is still way too high for mainstream adoption, there’s no reason to be an alarmist about it yet. Will note too that it’s typically weaker, often times abandon/ill-maintained protocols that get hacked, so this 2% - 4% per year is in a way a weeding of the crowd.


















