More than $208.5 million was lost initi9, but approximately $4.5 million was recovered, making the total amount of unrecovered funds over $204 million.

Over $204 million was lost in decentralized finance (#DeFi ) hacks and scams in the second quarter of 2023, according to a June 27, reported from #Web3 portfolio app. DeFi.

The report, titled "Q2 De.Fi Rekt Report", was partially based on data from De.Fi's "Rekt Database." Over $208.5 million was initially lost during the quarter, but $4.5 million was recovered through prosecutions, deals with hackers and other recovery methods.

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