CertiK flags DeFi exploits on 27 of 30 days in April as biggest blocker to trillions in TradFi onchain migration
Coindesk •
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Promote with Leviathan NewsCertiK CEO Ronghui Gu says April was DeFi's worst month in four years, with exploits on 27 of 30 days and over $1.1B in cumulative losses across the past 12 months. He pins TradFi's onchain hesitation squarely on smart contract bugs, oracle manipulation, and AI-accelerated bridge hacks — the same mix that drained roughly $600M from Drift Protocol and Kelp DAO in April alone, both attributed to North Korean actors. The asymmetry he flags: attackers spend just $10-20k on continuous vulnerability scanning while defenders work under fixed budgets, with trillions in institutional capital parked on the sidelines until that gap narrows.
TLDR by @Benthic
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