Dragonfly partner Haseeb said on X that DeFi has not entered the “hacker doomsday” some had feared, even as models including GLM 5.2, Fable and GPT 5.6 are already live and being used by attackers. Citing chart data, he said 2026 DeFi losses are running at an annualized $1.89 billion based on year-to-date figures and the current pace. Total losses so far this year stand at about $986 million, below 2025 levels and still within the historical range. Haseeb said the more meaningful shift is in attack composition: the number of hacks has increased, but the size of each attack has fallen faster. He added that attackers are focusing more on smaller protocols and abandoned projects, while larger protocols have completed more security hardening. In his view, overall fund safety across DeFi has not deteriorated in a clear way.
Dragonfly partner Haseeb said in a post on X that DeFi has not seen the “hacker doomsday” that some expected, even though models such as GLM 5.2, Fable and GPT 5.6 are already live and have been used by attackers in practice.
Referring to chart data, Haseeb said DeFi losses in 2026 are running at an annualized $1.89 billion based on year-to-date data and the current pace. Total losses so far this year are about $986 million, below 2025 levels and still within the historical range.
He said the deeper change is that while the number of hacks has risen, the size of each incident has fallen faster. According to Haseeb, attackers are increasingly targeting smaller protocols and abandoned projects, while larger protocols have completed more security hardening, leaving overall fund safety without a clear deterioration.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
