The crypto landscape experienced a surge in major exploits in April 2026, with 40 notable hacks resulting in a cumulative loss of $646.89 million. According to data from PeckShieldAlert, this represents a significant 1,140% month-over-month spike.
Among the top exploits, KepDAO dominated the list, losing a staggering $292 million. The exploit involved supplying $rsETH tokens to Aave and borrowing substantial amounts of ETH before laundering the looted coins into BTC. This incident has exposed the Aave network to a notable risk of bad debt.
Drift Protocol, Rhea Finance, Grinex, and Wasabi Protocol also experienced significant losses, with Drift Protocol losing $285 million and Rhea Finance losing $20 million. These incidents highlight the growing sophistication in exploiters' techniques targeting high-value networks.