$620M Gone in 20 Days — DeFi's Worst Month Just Got Worse
April 2026 is now officially DeFi's worst month since the $1.4B Bybit disaster in February 2025. Over $620 million has been stolen across 20+ incidents — 3.7 times more than all of Q1 combined. The KelpDAO hack alone triggered a $13 billion exodus from DeFi platforms as panicked investors pulled funds. Hackers didn't even need code bugs — they used fake cross-chain messages, domain hijacking, and AI-powered social engineering. Attack frequency is also up 68% year-over-year. DeFi grew its TVL by $40 billion in Q1 — but security didn't keep up. The gap is now being exploited at record speed.
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