KelpDAO experienced a $293 million hack, pushing Q2 2026 to become the most‑hacked quarter on record by incident count, according to Unfolded’s analysis of DefiLlama data.
Quarter‑by‑Quarter Hack Statistics
Unfolded identified 83 separate exploits targeting crypto protocols throughout the second quarter of 2026. The total value siphoned off reached $755.3 million, a figure that remains far below the $3.56 billion loss recorded in Q4 2020, which still stands as the costliest quarter for crypto hacks. The disparity highlights a rise in attack frequency while overall financial damage stays comparatively modest.
Drift Protocol suffered a $280 million exploit, ranking as the second‑largest incident of the quarter. Both KelpDAO and Drift Protocol together