The Most Brutal Month in #DeFi

This incident isn't isolated. April 2026 has turned into a hellish month for DeFi:

Protocols:

1. Drift Protocol | $285 million | Fake token + oracle manipulation

2. Kelp DAO | ~$293 million | Minting unbacked rsETH via bridge

3. Volo Protocol (Sui) | $3.5 million | Admin private key compromise

4. Scallop (Sui) | $142 thousand | Flash loan

5. CoW Swap | $1.2 million | Domain hijacking

6. Aftermath Finance | $1.14 million | Logic flaw with negative fees

Cumulatively, the total losses for DeFi in April 2026 have exceeded $600 million based on various estimates.

#BhutanTransfers102BTC

$SUI