KEY POINTS
- Hackers have stolen $8.7 billion in 2026, above the $5.6 billion in estimated onchain revenue for the year.
- Since 2017, about $26.9 billion has been lost to hacks against $47 billion in onchain revenue, or 57 cents per dollar earned.
- DeFi total value locked fell nearly 10% between Oct. 29 and Thursday, according to DefiLlama.
Losses from crypto hacks in 2026 have already passed the revenue that blockchain protocols are expected to earn onchain this year, according to Lorenzo Valente, director of digital asset research at ARK Investment Management. Cointelegraph reported on his analysis.