DeFiLlama Data Shows 10 Crypto Protocols Exploited Over the Past Seven Days

According to DeFiLlama (decentralized finance data platform), 10 crypto protocols were affected by exploits in the past week, highlighting ongoing security risks across decentralized applications.

Summary

Data cited from DeFiLlama (decentralized finance data platform) indicates that 10 crypto protocols were exploited over the last seven days. The brief source does not identify the affected protocols, the value lost, or the attack methods. Even with limited detail, the figure underscores a persistent risk in decentralized finance, where exploits often target smart contracts (self-executing blockchain code), bridges, or protocol design weaknesses.

Terms & Concepts
  • Protocol exploit: An attack that abuses vulnerabilities in a crypto protocol’s code, design, or integrations to extract funds or disrupt operations.
  • DeFi: Short for decentralized finance, a blockchain-based financial ecosystem that offers services such as trading, lending, and borrowing without traditional intermediaries.
  • Smart contract: Self-executing blockchain code that automatically performs actions when preset conditions are met.