DeFi security concerns have been at the forefront of discussions in recent months. However, according to Dragonfly partner Haseeb, the anticipated 'DeFi hacker apocalypse' has not materialized. In fact, data suggests that the annualized amount stolen from DeFi protocols is expected to be around $1.89 billion by 2026.
This figure, based on current trends and run rates, represents a significant decrease compared to previous years. The cumulative amount stolen this year stands at approximately $986 million, which is lower than the levels seen in 2025.
Haseeb believes that while the number of hacker attacks has increased, the size of individual attacks has decreased more rapidly. This shift suggests that attackers are increasingly targeting smaller protocols and abandoned projects, rather than major ones.