Immunefi Crypto Losses April 2025 Report

Immunefi Crypto Losses April 2025 Report

Analysis

  • The crypto ecosystem witnessed $1,742,117,315 in total losses in 2025 YTD, representing a 4x increase compared to $420 million during the same period last year. This amount has surpassed the total losses for 2024 at $1.49 billion.
  • In April 2025, $92,453,100 was lost due to hacks across 15 specific incidents. This represents a 27.3% increase from April 2024, when registered losses were $72,606,827.
  • Losses in April 2025 represent a 2.2x increase month-over-month, compared with March 2025, when registered losses were $41,406,115.
  • Most of the sum was lost in two specific projects: open-source platform UPCX, which lost $70 million, and decentralized exchange KiloEx, which lost $7.5 million.
  • In April 2025, DeFi accounted for 100% of the total losses across 15 incidents, while CeFi recorded no cases.
  • Hacks continued to be the predominant cause of losses compared to fraud.
  • Ethereum and BNB Chain were the most targeted chains in April 2025, representing 60% of the total losses across targeted chains.

March 2024 vs. April 2025

MonthLosses
March 2025$41,406,115
April 2025$92,453,100

Top 10 Losses in April 2025*

ProjectLoss
UPCX$70,000,000
KiloEx$7,500,000
Loopscale$5,800,000
ZKsync$5,000,000
Term Labs$1,500,000
Bitcoin Mission$1,300,000
The Roar$790,000
Impermax$152,200
zora$140,800
ACB$84,100

Hacks vs. Fraud Analysis

In April 2025, hacks continued to be the predominant cause of losses compared to fraud, accounting for 100% of the total losses.

Overview

  • Hacks In total, we have seen a loss of $92,453,100 due to hacks in April 2025 across 15 specific incidents.
  • Fraud No cases of fraud were reported.

Hacks vs. Fraud — April 2025

  • Hacks: 100%

DeFi vs. CeFi Analysis

In April 2025, DeFi surpassed CeFi, representing 100% of the total volume of funds lost.

Overview

  • DeFi DeFi suffered $92,453,100 in total losses in April 2025 across 15 incidents.
  • CeFi CeFi witnessed no incidents.

DeFi vs. CeFi — April 2025

  • DeFi: 100.0%

Losses by Chain

The most targeted chain in April 2025 were Ethereum and BNB Chain.

Overview

  • In April 2025, Ethereum and BNB Chain accounted for over half of the chain losses, totaling 60%.
  • Ethereum suffered the most individual attacks, with 5 incidents, representing 33.3%.
  • BNB Chain followed with 4 incidents, comprising 26.7%. Base had 3 incidents, representing 20%.
  • Arbitrum, Solana, Sonic, and ZKsync suffered a single attack each.

Losses by Chain — April 2025

ChainIncidents
Ethereum5
BNB Chain4
BASE3
Arbitrum1
Solana1
Sonic1
ZKsync1

Crypto Losses April 2025

Total Losses YTD

$1,742,117,315

In April

$92,453,100

Major Losses

ProjectLoss
UPCX$70.0M
KiloEx$7.5M
Loopscale$5.8M
ZKsync$5.0M
Term Labs$1.5M

Hacks vs. Fraud

TypeAmount
Hacks$92,453,100
Fraud$0

DeFi vs. CeFi

CategoryAmount
DeFi$92,453,100
CeFi$0

Top Losses by Chain

ChainIncidents
Ethereum5
BNB Chain4
BASE3
Arbitrum1
Solana1
ZKsync1

Download the full report here.

For questions about this study or Immunefi itself, reach out at press@immunefi.com

About Immunefi

Immunefi is the leading security platform for crypto, protecting more than $180 billion in user funds, and securing protocols across the full development lifecycle, from pre-deployment through production.