
CertiK’s latest data shows $118M in on-chain security losses, with phishing dominating; Trust Wallet’s $8.5M hack had minimal recovery, underscoring persistent vulnerability in fund retrieval.
CertiK’s 2025 Skynet Hack3D report recorded $3.35 billion in total Web3 losses from over 700 incidents, now adding on-chain-specific figures of $118 million. Phishing attacks led these losses at $93.46 million, including $51.85 million from address poisoning. Trust Wallet’s $8.5 million exploit was the largest single on-chain event, with only $159,000 recovered, highlighting weak fund retrieval success rates. February remained the worst month overall due to the $1.537 billion Bybit breach, while Ethereum suffered $1.698 billion in damages across 310 incidents.