According to the latest Web3 security report data, the entire crypto industry experienced a severe security test in 2025. Over 1,200 significant security incidents occurred throughout the year, with total losses reaching approximately $3.5 billion.

Specifically, centralized trading platforms became the main victims due to thefts of hot wallets and administrator private keys. Meanwhile, although losses caused by individual smart contract vulnerabilities in the DeFi sector decreased, deeper logical flaws and issues within the Move ecosystem contracts have increased, exposing blind spots in ecosystem security audits.

In terms of risk distribution, stolen private keys, phishing attacks, and Rug Token scams remain the top categories. Major security incidents continue to emerge, such as a leading exchange losing about $1.5 billion, the DEX protocol Cetus being hacked for $223 million, and the Balancer protocol being stolen for $128 million. These events clearly demonstrate that both centralized and decentralized platforms face risks across different dimensions.