$1.25B stolen. 116 incidents. One quarter. DeFi hacks surged in Q3 2026, with total losses up 52% vs Q2 and nearly 4× higher than Q3 2025. The most striking part? Just two incidents accounted for 57% of the $1.25B stolen. Excluding CEXs, custodians & wallets, losses came in at $701M - 13% below Q2. A reminder that headline losses can tell a very different story depending on where the exploits actually happen. Q3’s biggest hacks
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