April 2026 goes down as the worst month for crypto losses since March 2022 (excluding Feb 2025, Bybit). CertiK confirmed ~$651M drained across all incidents, with ~$3.5M from phishing alone. Here's what we covered on Observer:
• Drift Protocol - $270M
• Kelp DAO - $292M
• Grinex Exchange - $13.7M
• Fake Ledger App - $9.5M
• Rhea Finance - $7.6M
• Hyperbridge - $2.5M
• Dormant Wallets - $1M+
• Giddy Finance - $1.3M
• Aftermath Finance - $900K
• Syndicate Labs - $380K
• Phishing Drainer - $585K
• Thetanuts Finance - $46K
Is 2026 shaping up to be the worst year for DeFi security ever? 👇
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