DeFi Flash Loan Attacks Surge $1.2B in 5 Years

Key Summary

A study analyzing over 20 billion DeFi transactions reveals that flash loan attacks drained $1.2 billion from the decentralized finance sector between 2020 and 2024. The attacks grew more sophisticated and less predictable over time, with researchers attributing the increase to the complexity of DeFi protocols and the rise of automated tools.