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The security situation of the Web3 ecosystem in 2025 is severe. According to the latest industry security report, more than 1,200 significant security incidents occurred throughout the year, resulting in total losses exceeding $3.5 billion.
Specifically, CeFi platforms have become the biggest victims—hot wallet mismanagement and administrator private key leaks are the main culprits. Once these vulnerabilities are exploited, the consequences are often devastating. Meanwhile, although the proportion of DeFi contract vulnerabilities has decreased, new threats are emerging. Deep logical flaws and various issues with Move contracts are frequently appearing, becoming new hidden dangers.
Another longstanding issue that still requires vigilance is private key theft, phishing attacks, and Rug Token schemes. These risks may seem scattered, but they threaten the security and stability of the entire ecosystem from different dimensions.