Blocksec Stats
The Full Impact of an Onchain Hack
Median price decline after a hack
This graph shows the median price decline of the typical project 6 months, from the pre-hack market cap of the project and continuing up to 6 months later. The data shows that 6 months later, the median project should expect continuing price declines of around over half their pre-hack market capitalization.
Sustained price impact 2 days post-hack
In total, 79.54% of hacked tokens suffered ongoing negative price impact 2 days after the hack
16.47% of hacked tokens suffered sustained price declines of more than 50% 2 days after the hack
Sustained price impact 1 month post-hack
In total, 73.30% of hacked tokens suffered ongoing negative price impact 1 month after the hack
34.09% of hacked tokens suffered sustained price declines of more than 50% 1 month after the hack
Sustained price impact 6 months post-hack
In total, 77.84% of hacked tokens suffered ongoing negative price impact 6 months after the hack
51.14% of hacked tokens suffered sustained price declines of more than 50% 6 months after the hack
Major hacks and their sustained price declines
Ronin Network ($625,000,000.00 loss)
Token price decline from the price on the day of the hack
Venus ($200,000,000.00 loss)
Token price decline from the price on the day of the hack
Cream Finance ($130,000,000.00 loss)
Token price decline from the price on the day of the hack
Hack Stats
Total number of hacks 2021 - 2023
Total number of hacks: 488
Total volume of hacks 2021 - 2023
Total volume of hacks: $7,808,402,225