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DeFi isn’t afraid of a bear market—it’s afraid of devs falling asleep. In the first five months of 2026, DeFi lost over $840M to hacks. Just in April, more than $600M vanished—including $292M from KelpDAO and $285M from Drift. Worst of all, many incidents didn’t require “Hollywood-style hacks.” A faulty bridge, a compromised signer, or deep social engineering was enough to make funds disappear like wind. A 20% yield looks great. But if security is 0%, the highest APY is still “All Portfolio Yoinked.” Are you still willing to farm new protocols?

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