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The Nexus
SECURITYMay 14 · 10:27 UTCR/ETHEREUM/u/ginete_tech

$770 million stolen in defi this year. 40+ protocols shut down. bridges are the common denominator and nobody is fixing the actual problem.

Over $770 million has been stolen in DeFi this year, with 40+ protocols shutting down due to bridge exploits, highlighting a fundamental problem with the bridge model. The largest single-day losses are often caused by bridges, which are designed as massive honeypots. Alternative solutions like data availability layers exist and are production-ready.

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